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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Mark Fowler who wrote (7708)	6/20/2001 10:00:55 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 57684

If cost( most due to higher energy cost)rise higher or faster than industrial production and Gdp numbers, we could continue to see stagnate profit growth. That won't be generally good for stocks, so far thats what numbers are showing, it could only temporary. Mark, I agree with you. I apparently was looking at productivity improvements based on the amount of labor involved. I believe the labor to produce products is falling faster now than ever. The offsetting problem is just as you described in that the cost of energy in particular is going to keep profits down.