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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (41060)9/9/2001 4:56:37 AM
From: stockman_scott  Read Replies (1) of 65232
 
The Conference Board's Economic Outlook...

Message 16319887

<<"The degree of inventory liquidation and investment decline in the second quarter is not likely to be repeated in the third quarter," says Fosler. "The magnitude of inventory drawdown is one of the largest six-month declines in history, and the decline in business capital spending hasn’t been seen since the first half of 1991.">>

Best Regards,

Scott
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