The New Economy and its Winners Message Board

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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (16515)	3/30/2003 5:40:01 PM
From: Lizzie Tudor	Read Replies (1) of 57684

I don't know if I believe that the consumer has continued to buy at 2000 levels in this recession. I agree the consumer held up the economy but that is just a comparison against the extremely depressed capital spending sector. The people I know (who are, most definitely, consumers) are not buying anything- everyone who is working is afraid of losing their job. So what we are seeing wrt consumer spending seems like it has to be some sort of trough to me. I expect an upswing late this year or 2004 from the consumer, hopefully some $$ goes to electronics and computers.

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