Consumers reacted to what happened in the last few years by going out and spending more money than they made, while corporations hoarded their cash and focused on improving their internal finances and returns to shareholders.

Both of Johnson Controls' lines of business will benefit from an increasing willingness to invest in productivity-enhancing products and services.

The current economic expansion of the last three to four years has been hugely geared to consumer spending, while corporations have been sitting on their wallets. We think that trend is going to start reversing in 2006.

They say, 'I'm making so much money I don't know where to put it. I've never seen anything like this before.

People have been looking for reasons to buy. There's so much money around and that places the bias in the market on the upside.

One of the reasons we had the housing market surging ahead was because of the low cost of borrowing money. With mortgage interests rates going up there is some concern some people will be priced out of the market, which in turn will reduce demand for housing ... That leads to lower prices.