Heinz Blasnik- Views You Can Use Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Heinz Blasnik- Views You Can Use

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Willie CB who wrote (178)	4/18/2003 10:28:43 AM
From: Earlie	Read Replies (2) of 4913

JW: Couldn't agree with you more as far as the big picture is concerned, and like you, I find it difficult to believe that the US economy can "muddle through" a burgeoning consumer retrenchment. The prospect of "cheaper oil" (a major expected bi-product of the recent war) appears to me to be fully factored into current market prices, but perhaps it goes a bit higher yet. But the all-important consumer has definitively started to pull in his horns and I simply don't see how that can reverse without lay-offs first reversing (which is not in the cards, given current corporate conditions). "As goes the US consumer, so goes the US economy",........ and he is heading for his storm cellar. As I have mentioned many times to my own gang, if you want to know where the stock market is heading, just keep track of US consumer lending (as without this, he can't spend) and the lay-offs. Both continue to make me queasy. Best, Earlie

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next