The economy could return to positive growth by the second quarter of 2002 and reach 3%
|Len Darling |
Chief Investment Officer,
|Recent Daily Interviews|
TSC: Len, you mentioned that you expect a V-shaped recovery at this point. Why, and is it possible at all to say when you expect the ascent?
Darling: The rationale for expecting a V-shaped recovery is threefold. One, monetary policy: The latest from the
If the scenario plays out as we would expect, we will probably see recessionary numbers of modest proportion in the third and fourth quarters of this year. I believe the first quarter of next year will be problematic, but by second quarter