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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (91913)3/5/2008 1:30:59 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
'i don't think so'

nah give it time..much of 2008 will feel like recession but I was referring to 2009 and beyond by mine 'soon' comment<g>.. I would guess the stock market will tell us by summer if this is a real bad prolonged downturn? If interest rates were to jump dramatically then 1973-74 or 1980-81 would be a certainty IMHO..



To: MulhollandDrive who wrote (91913)3/5/2008 2:58:15 PM
From: benwood  Read Replies (1) | Respond to of 110194
 
"polls i've read is that stimulus is only going to pay down existing debt"

Americans haven't shown much willingness to save -- I think most of this will be spent before it even arrives. It will just delay the eventual unveiling of reality by a few weeks.