Yardeni Less Worried About Embeddeds, More Worried About JIT and Global Supply Line, Predicts 40% Chance of Major Recession, 5% Chance of Depressions

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Here's the link

And if that doesn't work, here's the URL:

http://www.yardeni.com/public/y_19991011.pdf

It's hard to argue with the man. When I read his stuff, I can't help but think that it's possible he could be much more pessimistic than he lets on, but he'd be tarred and feathered and ridden out of town on a rail if he said much more. Who knows?

-- Puddintame (achillesg@hotmail.com), October 09, 1999

Answers

Yardeni says, "I still see a 70% chance of a recession." So he hasn't changed his overall assessment for a very long time now.

-- Brooks (brooksbie@hotmail.com), October 09, 1999.

Yardeni hasn't changed his outlook, and my stance remains the same. He and I are just "birds of a feather". If he changed his outlook tommorrow, I would claim he was bought off, or feared for his well being. My stance is for the duration. I don't beleive a word they say, now. It's too late, sheeple.

-- space (hooda@thunk.it), October 09, 1999.

I am very, very, confident America is going to enter the most terrifying economic depression in its existence.

-- Paula (chowbabe@pacbell.net), October 10, 1999.

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