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ogm

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Alias Born 08/09/2004

ogm

Re: Zeev Hed post# 322061

Saturday, 11/13/2004 2:09:07 PM

Saturday, November 13, 2004 2:09:07 PM

Post# of 704044
Zeev, What signs are you looking for that will signal to you that consumer is starting to retrench ?

Certainly debt levels are high, and inflation may put a squueze on cinsumer in slow wage growth environment, but spending seems to be relatively robust for the moment, at least based on the retail sales data.

thanks.

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