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

To: Alex MG who wrote (76331)6/8/2002 2:22:37 PM
From: Crimson Ghost  Respond to of 99280
 
There is little doubt the economy is improving right now.

BUT:

The pace is modest and almost totally dependent on the continuation of the credit bubble. Housing and autos never dropped much and are more likely to decline than increase next year. The moment the stimulus of artificially low interest rates is removed, the economy will be headed towards a double dip recession. And now that the bloom is off the almighty buck, a big rise in rates cannot be far off IMHO.


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