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Just Two More Quarters... Again
from the one-of-these-days,-they'll-be-right dept
It was over a year ago that we first noticed a trend we saw in mid 2000. Analysts started predicting, consistently, that a recovery was just two quarters away. This seemed like the perfect prediction. It seemed reasonable to anyone listening, made them feel good, and by the time those six months had rolled by, everyone would have forgotten the prediction. Well, it's been many more than two quarters since the first two quarter notice happened, and what do we find out now? Gartner is telling us today that we just need to wait two more quarters to see spending rebound. One of these days, one of these analysts is actually going to get it right completely by chance, and they'll be held up as the next great analyst who "correctly" called the rebound.
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Rebound
2 Quarters .... HHHMMM I just dabble a little in stocks and I think it is going to be at least a year ('04 probally) before we start to see real signs of recovery. A true rebound is going to take more than the smoke and mirrors of increasing consumer debt to make a real recovery.
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