Tuesday, August 5, 2008

Domestic Weakness,Global Strength

The global infrastructure growth continues,GE CEO Jeff Immelt believes.There are tough times ahead vis-a-vis the U.S. consumer.Housing has to stabilize in order to feel like we have a consumer that wants to buy again.We don't see a slowdown in the global economy.These environments continue to be robust.We see in Mubadala a company like ourselves,the spirit of learning that still exists,Jeff Immelt explained.

No comments: