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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: smolejv@gmx.net who wrote (19001)5/16/2002 12:54:52 AM
From: smolejv@gmx.net   of 74559
 
Agreement has been reached yesterday between employers and the Metal workers union in Baden-Würtemberg. 4% increase starting 1.7.02 and 3.something July next year. Will probably serve as a boilerplate for the rest of the wage-wars season.

So, Mercedes Benz, Porsches, BMWs, anything metal, is rolling again.

My opinion: sigh of relief and right away "just a sec, Inflation, we'll be right with you".

dj
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