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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (4325)10/3/2002 12:28:20 PM
From: MulhollandDrive  Read Replies (2) of 57110
 
jorj,

this morning i watched an interview with the ceo of stanley tool works...

he said some the manufacturing/industrial sectors are still coping with extreme overcapacity....recession, and some in a DEPRESSION...."no forseeable growth in the future" (direct quote)

he mentioned that the consumer is still "ok". (thanks to the credit bubble and of course i believe that is the other shoe to drop)
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