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To: 4figureau who wrote (4674)6/4/2003 1:29:39 PM
From: Jim Willie CB  Respond to of 5423
 
continued product price deflation
lower interest rates will guarantee an economic slowdown
these guys are clueless, and really bad statisticians
in an expanding econ envmt, lower rates stimulate growth
in a contracting econ envmt, lower rates slow growth

I expect:
continued commodity price inflation
upcoming rise in production costs
upcoming pinch on corporate profits
continued rise in household energy costs
upcoming pinch on household spending
continued job losses
upcoming stall in real estate sector

upcoming 2nd stage of New Paradigm Economic Recession

/ jim