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To: lh56 who wrote (62787)7/27/2002 11:14:57 AM
From: DebtBomb  Read Replies (1) | Respond to of 208838
 
This part of that article is significant, IMO. People talking recovery and new bull market are out of their minds, IMHO.
Not to mention, record debt, no pricing power, falling wages, increased healthcare costs, potential spikes in energy costs, and increasing unemployment.

'The loss of stock market wealth will wreak havoc on the long-term health of the economy, says John Challenger, chief executive officer of Challenger, Gray & Christmas Inc., an international outplacement firm.'