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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (13738)	3/1/2003 7:45:10 AM
From: stockman_scott	Read Replies (1) \| Respond to of 89467

<<...oil shock makes recession 90% likely this summer...>> last night on a CNBC show Merrill Lynch's Chief U.S. Strategist was less than bullish...Richard Bernstein claims that oil prices will stay higher longer than most folks expect and he contends that we are at risk for a double dip recession (especially with all the councern about going to war)...He sees risk in many tech stocks and in the consumer cyclicals...Bernstein also sees massive overcapacity in the semiconductor sector.