China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (2145)	12/19/2003 2:53:25 PM
From: RealMuLan	Read Replies (1) of 6370

What can investors expect in 2004? NEW YORK — The stock market losing streak looks like it will stop at three years. Roundtable panelists, from left: Bernie Schaeffer, Liz Ann Sonders, Tobias Levkovich, James Paulsen. By Eileen Blass, USA TODAY ... "Levkovich: We did lose jobs. It's not something we're worried about. We lost jobs because inventories piled up like never before. Companies were shedding people and cutting production. Now you're looking at inventory-to-sales ratios that remind me of old Mother Hubbard having nothing left in her cupboard. In that sense, they've got to start producing goods again and bringing people back. Then you get the news stories that say we're losing all the jobs to China and India. China lost more manufacturing jobs than the U.S. in the past five years. Asian imports to the U.S. as a percentage of total U.S. imports have declined in the last 10 years. China has gotten a much bigger market share of those imports, but if you look at the trade deficit we have with Europe, Japan and Canada, it's twice the size that we have with China, and you never hear anybody talk about that." ... usatoday.com

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