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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Monty Lenard who wrote (22735)7/30/1998 1:32:00 PM
From: John Mansfield  Read Replies (1) | Respond to of 94695
 
'Ed Yardeni: Y2K's A Bear
(Market, That Is)
(07/30/98; 10:44 a.m. ET)
By John Borland, TechWeb

Ed Yardeni is no wild-eyed millennium junkie. As chief
economist for New York investment house Deutsche
Bank Securities, he's been called one of the best
market-watchers in the United States by The Wall
Street Journal and other publications. His bullish
predictions for 1997 stock trends were among the most
accurate of any mainstream economist on Wall Street.

His forecasts for the year
2000, and the months leading
up to the decade's rollover,
are not quite so bullish. A
global recession is increasingly
likely, he says, accompanied
by a U.S. stock crash of up to
30 percent of the market's
value.

techweb.com