Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (39653)	3/11/2002 1:44:22 AM
From: Softechie	Respond to of 99280

Freight trains made out of tin foil? Look at the penny stocks? Straight up last few days...IE is back!

To: Zeev Hed who wrote (39653)	3/11/2002 1:49:12 AM
From: Softechie	Read Replies (3) \| Respond to of 99280

Commentary: Why the Bears Aren't Backing Down Will consumers stop spending just as businesses regain confidence? By late 1981, economists were sure that the recession that had begun in July was over. Forecasters surveyed by BusinessWeek thought the economy would grow nearly 3% in 1982. Wrong. The economy actually shrank more than 1% that year. Could the conventional wisdom be wrong again? Sure. Despite a spate of favorable data, pessimists argue that the U.S. faces a long period of slow growth--or even a "double-dip" recession. They worry that the mild 2001 downturn left in place the imbalances built up during the late 1990s. "The recession was too shallow to create the efficiencies that a longer, deeper recession would have," says Donald H. Straszheim, president of Straszheim Global Advisors in Westwood, Calif. Many economists believe consumers are getting tapped out even as the stock market and housing remain overvalued. And they worry that households and companies have overborrowed, while the U.S. is getting too deep in debt to the rest of the world. Says Morgan Stanley Dean Witter & Co. Chief Economist Stephen Roach, dean of the double-dippers: "The case for a double dip is just as compelling--if not more compelling--than a couple of months ago." businessweek.com