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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (41829)11/28/2005 8:49:18 AM
From: Knighty Tin  Respond to of 116555
 
Merck cuts 7000 jobs. Hey, big deal. They can always get work at GM. money.iwon.com



To: John Carragher who wrote (41829)11/28/2005 10:18:00 AM
From: John Vosilla  Read Replies (2) | Respond to of 116555
 
Credit needs to tighten and the job situation to worsen for most consumers to stop spending at the margin. Housing bubble impacts more discretionary big ticket items to furnish and upgrade the home IMHO.