After reading a couple more reviews of the DVD-A products, it might be enough for them to quit the format while there behind. SACD has some very powerful financing and a huge need for it to succeed for Sony and Co. I think the Markets have less to do with the economy than ever in the past. All we are seeing now is companies that had no chance of ever turning a profit finally falling off the board. The real strength of our nation and other economic powers have not changed much, we just lost focus for a while as the young hot shots on Wall Street learn how the world really works. Sure some slowdown is going to happen, it's about two years late, but this industry has lived through much worse, and will become one of the leaders out of any slow down, just like before.
As an Architect my industry has always been ahead of the economy by 9-12 months. Building is as strong as ever, and the marketplace can not find the employees it needs to fill the demand, this has created double digit inflation over the past two years in building. I predict we will finally slow to a seasonal downturn this fall, but I'd be very suprised if it was too big. The inflated pricing we have had for the last years will get into the market with this downturn in other economic areas, and the potential for rising costs, in my opinion is greater than the potential for recession. Well that's my economic update, stay tuned for other opinions I have no business discussing! J.D.
As an Architect my industry has always been ahead of the economy by 9-12 months. Building is as strong as ever, and the marketplace can not find the employees it needs to fill the demand, this has created double digit inflation over the past two years in building. I predict we will finally slow to a seasonal downturn this fall, but I'd be very suprised if it was too big. The inflated pricing we have had for the last years will get into the market with this downturn in other economic areas, and the potential for rising costs, in my opinion is greater than the potential for recession. Well that's my economic update, stay tuned for other opinions I have no business discussing! J.D.