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Re: Zeev Hed post# 330555

Sunday, 12/05/2004 10:19:06 PM

Sunday, December 05, 2004 10:19:06 PM

Post# of 704044
ZH - the economy can grow next year. Fueled by cheap oil it is quite possible to get decent growth.

We have not yet seen the effect of all the increased production comong through yet.

In addition we have China and India growing away at very good rates and the $ has got cheaper and that should prod some of the biggies into expanding their exports.

Meanwhile the tech revolution has only just started and increased broaband demand and new services should provide a good impetus to spur growth.

Why there should be a secualr bear in the face of all the growth impetus escapes me

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