After DuPont (DD) reports job cutting and an expected Q4 loss, Dow Chemical’s (DOW) Liveris talks about his company’s plans. $$
Liveris:
“We are as strong as we have ever been going into a correction and we have plenty of cash”
“Global recession through 2009 and into 2010”
“The US is a black hole and Europe is not much better”
“This whole thing fell off the cliff in October”
“The weak will disappear”
Disclosure (“none” means no position):Long Dow, none
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