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Flood of '93
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SeniorCitizen
Posted 6/21/2010 10:22 (#1245157 - in reply to #1244990)
Subject: Re: Flood of '93


We enjoy an entirely different demand profile than in 1993. Largely ethanol & increased Asian business.
The revalue of the Yuan provides a little boost..
The trade-off between Europe increased export position & USA will change slightly..(a little drag)
Higher cost tennis shoes & knock-off Rolex watches along with a more perky oil market will squeeze the consumer as well as the higher transport costs.
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