Julian Robertson: Some Buying, but Bearish on the Economy [View article]
The credit issue was worse than many had expected. This is what took us down to 8000.
I will say that consumer spending retrenchment will be worse than many expected in the upcoming months and quarters. This is what will take the Dow again to the 7000 range.
Julian Robertson: Some Buying, but Bearish on the Economy [View article]
I will say that consumer spending retrenchment will be worse than many expected in the upcoming months and quarters. This is what will take the Dow again to the 7000 range.