OIL $72 COPPER $2.42 yet we have a negative GDP and falling trucking tonnage. Gold near $1,000. Job losses holding near 600K level. COntinuing continue at record.
Commercial FOR LEASE signs popping up EVERYWHERE. BANKS WON'T LEND. MANY companies on the ropes with NO access to capital. Banks are not healthy and even WORSE if mark to market returns, now what is the rationale to the pricing of Bank assets? THEIR WORD?
STIM AIN'T STIMMING. SPX PROFITS SCREAM MARKET IS A SELL IMHO.
PLANT and CAR DEALERSHIP closings, job losses probably NOT IN figures as yet. If you have the shits and you can't get your ass off the toliet but your wiping less frequently and your even able to get up before having to run back into bathroom.....doesn't sound like your getting beter, your just getting worse slower.
EVEN job losses slowing dont equate to job hiring. CONSUMER SPENDING JUMPS????
WHY dont they take food and gas hikes out and see what it looks like. REAL CLUE IS WORK WEEK IS DECLINING....
AM I reaching a pessimistic pinnacle.....
SHOW ME A DAGGONE SIGN WILL YA.....that these JERKS know what they are doing....
D
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