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Summary and Comments

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Category: 

Stock_Market

Date: 

1997-09-23 11:34:18

Subject: 

Economist Yardeni Offers Paper on Y2K: Growing Pessimism

  Link:

http://www.yardeni.com/public/y_970915.pdf

Comment: 

Self-admitted optimist Dr. Ed Yardeni says he is growing more pessimistic about y2k. In his September 15 paper for Deutsche Morgan Grenfell, he cites several of the documents I have posted on this site. He mentions this site in footnote 4. His assessment is less apocalyptic than mine, but given his prediction last June -- Dow at 15,000 in 2005 -- he is now moving in the opposite direction. He now sees a 35% chance of a mild global recession in 2000.

You must have Adobe Acrobat to read his report.

Link: 

http://www.yardeni.com/public/y_970915.pdf

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