Hard ta really know what anything means these days. However what ya say sounds plausable to me....ie distributors are indeed preparin for a slow down based on the last mos or 2 of sales & thus as ya say, stockin less....making more of an attempt to scale down w/overheads so as to try & raise efficiencies in prepartion for a continued slow down.
On the auto front....sure hope they dont decide ta throw "good" money after bad....they gotta restructure. I say if folks (the big 3) are gonna be gettin handouts, it should only be under a restrucured plan....after all, when we go to the bank & ask for a loan....if our financial house isn't in order (debt to income) they laugh us right oudda the branch. & here's the rub w/it all.....it's OUR money they're bailing'em out with......tphhfffttt!!!
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