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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sam Citron who wrote (2608)4/3/2002 2:15:39 PM
From: orkrious  Read Replies (1) | Respond to of 95622
 
Why would you cite lagging indicators as evidence for an incipient double dip

I know everyone calls employment data "lagging."

To me, when people are being laid off and are worried about their job, I think they are going to be spending less. Since we would have had a far bigger downturn without the consumer spending, without them we are definitely going back down, and hard.