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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: sandeep who wrote (8028)10/14/2005 10:12:23 AM
From: robert b furman  Read Replies (1) of 12411
 
I can't believe anybody expected the MICHIGAN consumer survey to be UP???

With Delphi going into bankryptcy and the UAW laborers being told their wage must be competitive - down is a no brainer.

When you tell GM related employees that they must have a competitive wage - you just took out the confidence of the State of Michigan.

Should be NO surprise here folks - just more noise.

Bob
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