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In one strategist's opinion (Ned Riley) " In the short term the market should flourish, then very sluggish economic progress." Regardless of the speed of the expansion, it is all but inevitable throughout 2002. With this rapid expansion comes the chance of a double dip, sliding back into a recession, but according to James Cooper and Kathleen Madigan, writers for Business Week, write "that there is no danger of a second recession."
With GDP on the rise, the surging economic activity, the FED lowering interest rates, and charts of the business and economic cycles I believe that we are on the upside of the recession and coming out strong...
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Common topics in this essay:
- Controlling the Economy with Interest Rates Does it Accomplish the Task on the Consumer Side?
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- Interest Rates
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