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Strategies & Market Trends : Drillbits & Bottlerockets
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To: Boplicity who wrote (1746)1/24/2001 12:48:58 PM
From: MulhollandDrive  Read Replies (1) of 15481
 
Hi Gregster,

I believe you are right. And I don't believe that AG could head off a downturn with a 25bp move (or even 50 for that matter). You also make a good point about communications and inventory, however that can be a two-edged sword for suppliers when the economy is contracting.

But I don't buy the notion that we are immune from potentially a protracted downturn, especially if the "boomers" (who control most of the spending in this country) decide that the "wealth effect" was a mere figment of their collective imaginations.<vbg>
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