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Pastimes : All Clowns Must Be Destroyed
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To: pater tenebrarum who wrote (5784)2/1/2000 4:10:00 PM
From: Oblomov  Read Replies (1) of 42523
 
Just think of a new Ford Excursion as an investment, like an index fund or T-bonds...


The U.S., he said, isn't poised for such a slide. Corporations are conservative with their cash. They're spending more on productivity-enhancing tools, such as computers that are getting cheaper. And even as Americans are buying bigger and more expensive cars and houses, those purchases, while counted as consumption, can be considered investments in real assets. ``We're not having a party here,' said Soss. ``We're not throwing caution to the winds.'


bloomberg.com
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