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Old 02-28-2007, 06:57 PM   #20
gkruCRi1

Join Date
Oct 2005
Posts
505
Senior Member
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Looks like the Blue Chips are holding okay today with a good rebound from yesterday's hiding; i think a lot of people were just waiting to say we're hitting a recession but it looks as if that's just a distant scenario. It will be interestng to see what Bernanke does in response to this.
It isn't yet sure if there will be a recession, although some factors are pointing to that as Greenspan mentioned. The kinds of uncertainty in what he said causes alot of jitters and panic about whether it will happen and how bad.
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