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Conventional wisdom: what are today''s beliefs may just be next week''s hot air. (Opinion).

Publication: San Diego Business Journal
Publication Date: 21-APR-03 		Format: Online - approximately 617 words
Delivery: Immediate Online Access

Article Excerpt
Our old friend Conventional Wisdom has come back to rear his uninformed head. Just when we start to believe CW's knee-jerk speculation and expectations, he whacks us in the backside. Some examples:

Oil Prices: It was only a month ago that the steep run-up in gasoline prices was being blamed mostly on world oil markets--specifically, uncertainty over Iraq, Saudi production capacity, a contentious strike in Venezuela, etc. There was even talk about the United States tapping into its Strategic Petroleum Reserve in an effort to control prices, which were approaching the...

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