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Article #25422

#25422

From: Bill
Date: Wed, 19 Aug 1998 00:00

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LOS ANGELES (CBS.MW) -- Popular wisdom is that the U.S. economy will
rebound late this year. The belief is that U.S. exports will hit
bottom, at which time continued strength in domestic demand will power
a pick-up. This is wishful thinking. In fact, there is no basis of
support for the economy. If the Fed doesn't ease interest rates soon,
a recession by early next year is all too likely.

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From: "Bill" <bs134385@skynet.be>
Subject: info
Date: 1998/08/19
Message-ID: <6rgb6v$khn$11@news0.skynet.be>
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