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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (20708)1/10/2003 11:57:43 AM
From: MulhollandDrive  Respond to of 57110
 
the economy is driven by the consumer by a margin of 2/3 in spending...

i think they have realized that it will take a while for corporate excess capacity to be worked off...

a significant drop in consumer spending will exacerbate the weakness in earnings results.

i think they are hoping the consumer will continue to prop up the economy until real corporate spending kicks in again...

it's taking much longer than was previously thought.

(gotta run for a bit)