To: HamiltonJay
´Sums it up...
Producer prices are rocketing and a twin deficit lead to a recession before...
Can only get worse although American investments are fairly cheap at the moment I wouldn't consider them unless a turnaround in fiscal policy is in sight...
11 posted on
11/16/2004 12:36:42 PM PST by
sibbel
To: sibbel
Yep I am betting on a recession 4th quarter of 2004. How long it will last who knows but it seems as though low interest rates which equaled housing boom are the main reason why the economy did well last year. Good job by the Fed disgusing other problems. Anyway it is just a guess.
24 posted on
11/16/2004 1:40:31 PM PST by
Independentamerican
(Independent Junior at the University of MD)
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