Barring something we don't see coming, like $2 gasoline or 10 percent interest rates, I don't see the slowdown coming anytime soon.
I think the companies are coming out of it with a contract they can live with, but not with any major reductions in their employment costs.
They've got some interesting new stuff coming out. They're going to continue to do better than GM and Ford in North America, but I think there'll be a squeeze on their earnings.
I don't think they could have been locked in a room 24/7 over the past week and come up with this retirement agreement without coming closer to an understanding on the Delphi wage situation.
The market has developed massively over the past five years; this is where the action is and where the growth is coming from.