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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (11967)12/20/1997 1:04:00 PM
From: Bearded One  Read Replies (1) | Respond to of 18056
 
I dont think we need a recession for the market to tank. My guess is that a 5% chance of recession is probably linked to a 50% chance of low growth or something like that. I'd like to see a study on the relationship between the yield curve and growth and profits in general.



To: Tommaso who wrote (11967)12/20/1997 3:01:00 PM
From: Real Man  Read Replies (1) | Respond to of 18056
 
I don't think low long-term interest rates can actually cause a
recession (rather, these would help the economy) - they just
reflect the market thoughts about it. -Vi


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