V, W, or L shaped recession ?

[don]

“If we have a recovery at all, it isn’t sustainable. This is more likely a ski-jump recession, with short-term stimulus creating a bump that will ultimately lead to a more precipitous decline later."

Kevin Harrington, managing director at Clarium Capital Management LLC

Plan Accordingly :eek:

[ricket]

Re: V, W, or L shaped recession ?

[bcassill]

Re: V, W, or L shaped recession ?

“If we have a recovery at all, it isn’t sustainable. This is more likely a ski-jump recession, with short-term stimulus creating a bump that will ultimately lead to a more precipitous decline later."

Kevin Harrington, managing director at Clarium Capital Management LLC

Plan Accordingly :eek:

link??????:confused:

[ThePythonicCow]

Re: V, W, or L shaped recession ?

link??????:confused:

For the image:

http://gizmodo.com/5168939/this-ski-...-crap-yourself

For the quote:

http://www.bloomberg.com/apps/news?p...d=auGWGWlnohNo
or
http://dealbook.blogs.nytimes.com/20...ump-recession/

[ST]

Re: V, W, or L shaped recession ?

lol, LOVE the image - thanks -

[FRED]

Re: V, W, or L shaped recession ?

The cheh shaped recovery – Part I: End of the beginning

Cyrillic letter depicts the FIRE Economy Depression
Defusing the Dollar Bomb
What mixes like oil and water? Deflation theory and $70 oil.

Forget the boom bust cycle. This economic crisis spells the end of the FIRE Economy. The elongated process of devolution has many components, from the FIRE Economy debt hangover that drives the Debt Deflation Bear Market to Peak Cheap Oil. Going into midterm elections in 2010 with U-3 unemployment over 10%, the political component looms large.

[ASH]

Re: V, W, or L shaped recession ?

The cheh shaped recovery – Part I: End of the beginning

I just lost $50 betting that Metalman would be first to link that article. Thanks a lot, FRED.

[FRED]

Re: V, W, or L shaped recession ?

I just lost $50 betting that Metalman would be first to link that article. Thanks a lot, FRED.

$50! :eek:

Good thing I pushed gold within spitting distance of $1000 then isn't it?

[jpatter666]

Re: V, W, or L shaped recession ?

I just lost $50 betting that Metalman would be first to link that article. Thanks a lot, FRED.

I dunno, Ash, it's a copy, but not a link, you'll need to find the article if you want to read it - try to win on a technical? Fred, you need to go back to MM for more training!

[ASH]

Re: V, W, or L shaped recession ?

Good thing I pushed gold within spitting distance of $1000 then isn't it?

You did that? I'm being awfully ungracious then.

But seriously, I noticed how you pushed gold up near $1000 without there being much buzz in the MSM about systemic risk. It seems like a more durable movement to me. (And consistent with your position on long-term trends.)

[LargoWinch]

Re: V, W, or L shaped recession ?

$50! :eek:

Good thing I pushed gold within spitting distance of $1000 then isn't it?

Actually, you pushed it well over that mark in $CAD long ago...

(in 2007 it was sill less than $770...CAD)

[GRG55]

Re: V, W, or L shaped recession ?

“If we have a recovery at all, it isn’t sustainable. This is more likely a ski-jump recession, with short-term stimulus creating a bump that will ultimately lead to a more precipitous decline later."

Kevin Harrington, managing director at Clarium Capital Management LLC

Plan Accordingly :eek:

Double-dip recession risk rising: El-Erian
Fri Sep 4, 2009 6:41pm EDT

NEW YORK (Reuters) - The U.S. economy faces an increasing risk of stalled growth in 2010, the chief executive of top bond fund Pimco said on Friday, adding that rallies in the equity and bond markets have outpaced economic trends.

Despite signs that an economic recovery is taking shape, a soft job market and flat incomes could hinder a sustained recovery, Mohamed El-Erian, Pimco's CEO, told Reuters in an interview...

..."The risk of a double dip for U.S. economic growth in 2010 is increasing," with a 50 percent chance of such a scenario next year, said El-Erian...