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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (67285)5/14/2002 9:05:18 PM
From: orkrious  Read Replies (1) of 99280
 
may be facing new fears, particularly the fact that the various "things" that were done (rightfully, IMTO) to prevent an economic collapse after 9/11 have longer term consequences, which we will start and face soon.

thestreet.com

Note what Carly says about the recent falloff in consumer spending. (Thanks to Justa for the link):

As a cautionary note, H-P management also added that it saw a slowdown in consumer spending beginning in March and worsening in April. It would not extrapolate on that phenomenon, but CFO Bob Wayman outlined its effects in causing a buildup in inventory to a high eight weeks of product in the channel.
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