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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: AC Flyer who wrote (17868)	4/5/2002 2:11:01 PM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

>>1) Demographics:BUYERS ABOUND. ...a couple of key factors - the Boomers' trade-up and vacation home buying.<< Can you expand on this subject? From my perspective the two key factors seem to be credit-based spending (big time) >>2) Productivity The U.S. may even be able to do better than that, considering the giant strides companies are making in hiking their efficiency. << Including or excluding hedonic stats;? >>3) Real Income Gains MORE TO SPEND. ... Personal income per household should climb over the coming decade at a real 2% average annual rate (4% nominal)...<< How should I understand these numbers in view of the sharp drop (to negative) in US households' savings rates. Is it not something like -6%? IOW 3 years of income increases (all other things staying equal) spent in 2001/2002. dj