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 5/10 Good --- seekingalpha.com http://seekingalpha.com/symbol/qqqq.xml
| 'QQQQ' Tag RSS Syndication from SeekingAlpha.com ... |
Monday, May 05, 2008 --- 80 days ago http://seekingalpha.com/article/75618-economic-slowdown-employment-holding-up-we
| Vikram Saxena submits: The current economic slowdown owed its genesis to the
housing bubble and the subsequent meltdown in the credit markets. It is primarily
a consumer driven recession; US corporations are doing fine. As a result the
employment situation is not as bad as many observers had feared.
During the past decade American corporations have enjoyed
the fruits of the massive investment in Information Technology in the late 90s.
The overhaul of IT systems ushered US corporations into a new era of
efficiency. The availability of high speed communication and data networks
significantly increased the ability of companies to focus on their core competencies.
As a result American companies are much leaner in their structure than they
have ever have been. Complete Story » ... |
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