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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (3947)5/31/2001 9:56:45 AM
From: MulhollandDrive  Read Replies (1) of 33421
 
Hi John,

Thanks for your explanation. I suppose my misunderstanding of his comments apparently come from my incorrect assumptions about productivity. Certainly not to say productivity is irrelevant in a weakening economy, just pondering how much it actually ameliorates the demand side of the equation. I'm not quite sure at this point what to think of wage push in light of the recent job losses.

>>if we Parse Fed Gov. Moskow's words, he
seems to be saying that the preeminent concern is economic
weakness, and the overhand of inventory, and overinvestment
in Technology capital expediture is the main problem
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