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Old 14th Jun 2001, 11:53
  #5 (permalink)  
RVR800
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This recession thing has been overstated

in the UK we have

Falling unemployment lowest for 25 years
Low and stable inflation lt 2.5%
Lowest interest rates for many (20?) years
BA back into profit big time, Easyjet doing well..

In the US the NASDAQ and Dow have
bounced back to levels higher than they were
3 months ago

Although there is a slowdown in the US Southwest are bullish and predicting an expanding market in the US for budget carriers

Most of this recession thing relates to over
values telecom and tech stocks - a market correction nothing more..

Good time to buy tech stocks..?