The Lull Before The Storm

[kalian]

http://www.financialsense.com/Market/archive/2004/0126.html

For a brief moment in time it looked like all economic storm fronts were ready to collide to form the Perfect Storm. The markets fell as the equity bubble burst. The economy went into recession. Companies with poor business models failed or went under and corporate scandals abounded and were found everywhere. For the first time since Pearl Harbor, the nation was attacked on its own soil. The nation headed towards war, a war that would be fought differently unlike anything in our past. Gloom was pervasive and it appeared that storm fronts in the economy and the financial markets were heading toward collision. All seemed lost when suddenly the weather changed. The winds calmed, the seas subsided, the rain stopped, and the sun shown brightly again. Optimism returned first to the markets and then to the economy. Consumer optimism rose, while investors became bullish once more.

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Fantastic analysis by Puplava... IMHO, this guy has the economy's
pulse and is dead on.