CMC 4
th
Quarter 2007
2008
Annual Meeting
of Shareholders
Summary – Outlook 2008
§
U.S. Economy Heading for a Recession?
§
Further Fall Out From Sub Prime/Credit
Squeeze/Liquidity Problems
§
Possible Slowdown in Global Demand
§
Inflation
§
China/Emerging Countries Over Heating?
§
Oil at U.S. $100/Barrel
Critical Issues