What we have now is an economy that's slowing down. I think we're going to see some cyclicality to tech earnings.
What we have now is an economy that's slowing down, ... I think we're going to see some cyclicality to tech earnings.
I also feel very strongly that Procter & Gamble's strategy is not going to be linked only to Procter & Gamble, ... We will see other Dow-type companies that either have some economic sensitivity or a slowing of revenue growth start to announce restructurings.
If the Fed is committed to slowing the economy, then I do think demand for technology will slow.