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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (12808)	2/25/2002 5:14:25 AM
From: lee kramer	Read Replies (1) \| Respond to of 26752

Despite all that has happened in the past year or more, the consumer (as a group) has remained surprisingly stalwart. The contraction cannot be blamed on the consumer...well, there is my friend Norman Noodleman who has pulled in his [spending] horns rather sharply. I've spoken to him repeatedly, but he refuses to open his wallet and do the patriotic thing...spend! No, this has been a corporate pulling in on horns. I shall look closely at indicators that the corporate sector that suggest this group is felling better and planning to expand/spend and other stuff that will pull us out of this dastardly recession.