Riskier Sector ETFs Improve; Investors Now Betting on Economic Recovery [View article]
I think post #1 is saying (I'm 'channelling') is that the union ethos (obviously with compliant shortsighted management) made successful dermands that overran the ability of the underlying business to sustain them. Guessing the implication intended is that they (captial, management and labor) priced themselves out of the market by ignoring economics. I don't maintain that position as necessary and sufficient for the result apparent.
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I think post #1 is saying (I'm 'channelling') is that the union ethos (obviously with compliant shortsighted management) made successful dermands that overran the ability of the underlying business to sustain them. Guessing the implication intended is that they (captial, management and labor) priced themselves out of the market by ignoring economics. I don't maintain that position as necessary and sufficient for the result apparent.
Jan 04 12:26 pm
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All Comments by searcher »Riskier Sector ETFs Improve; Investors Now Betting on Economic Recovery [View article]