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| Chicago PMI: Hopium Or Reality? in forum [Market-Ticker]
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Nevertoolate
Posts: 1219
Incept: 2007-08-26
San Antonio de Bexar de runover with illegals, Texas
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yep, earns on the s&p drop 50%, poof there goes your recovery (real or imagined)!
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"Socialist never mind stealing, as long as they are the ones doing the stealing. They never mind lying, as long as they are doing the lying."-Mannfm11
Before you attempt to beat the odds, be sure that you can survive the odds beating you.
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Corn1945
Posts: 4167
Incept: 2009-04-30
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Highest since 1988? Really? Something very disturbing is going on here and I can't put my finger on it.
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Altate
Posts: 7
Incept: 2010-12-27
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"In short the report was good. But I remain very, very concerned about an unbroken chain of information going back to the middle of the year showing severe margin pressures and this report not only fails to disabuse me of this notion, it dramatically strengthens the argument that severe margin pressures are building in the supply pipeline."
This is the best economic forecast for 2011. "Hope for the best" will be short-lived.
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Lplate
Posts: 4737
Incept: 2008-08-06
Australia
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from ZH http://www.zerohedge.com/article/chicago.... Quote:On the chart above please note the highest ever PMI print in 1974... followed propmtly by what can pass for the lowest ever, in the year following. This is what happens when future activity is forcefully brought forward courtesy of central planning. Reason: format
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End_the_bubbles
Posts: 9520
Incept: 2009-03-25
The New 3rd World
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Trillions in new debts, many markets up 100% or more in 2 years, massive fraud in embedded in the system, and this is all there is to show for it?
Forgive me if I don't consider this "good" - I think it's abysmal.
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In the long run even the most despotic governments with all their brutality and cruelty are no match for ideas. Eventually the ideology that has won the support of the majority will prevail and cut the ground from under the tyrant's feet and rise in rebellion to overthrow their masters.
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Wonderdawg
Posts: 158
Incept: 2010-01-23
Southeast USA
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This is totally off topic but too good not to share. I'm a technical recruiter, currently searching for a UI/UX designer for a client in FL. I'm talking to a candidate whose current project is designing next generation web experience strategic vision for financial advisors. I said, "Do you have a graphic of a nuclear detonation you can put up there?"
He didn't get it. Oh well, some of my best one-liners are often unappreciated.
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Mrobe10586
Posts: 112
Incept: 2008-12-30
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"•Employment. Is it really this strong? 11th month of expansion in 2010? Why isn't unemployment coming down in that area if so?"
How many times do the statistical Houdinis have to tell you? When good paying jobs are plentiful, the slackers jump off the couch and run out to try to get them. Then they become unemployed again and you have to count them and so the unemployment rate goes UP and that's a GOOD thing and the stock market goes up and happy days are here again because a higher unemployment rate means there are more jobs.
Sheesh, it doesn't take a rocket scientist....
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Hogman
Posts: 7874
Incept: 2008-02-18
Derby City, USA
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that must be some good **** they're smoking (best since JUL 1988) not saying there can't be an improvement, but 1988  |
Karen1p
Posts: 156
Incept: 2010-10-26
Reformed Liberal - turned gun owner, Ticker Gal
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Karl,
This is the second time my sales manager has used your term "margin collapse." We had numbers come out for our 4th quarter and they are frightening to see how badly our margins are collapsing!!!
This cannot continue.....or can it?
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Genesis
Posts: 130747
Incept: 2007-06-26
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Not for long...
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Mannfm11
Posts: 3545
Incept: 2009-02-28
DFW, Tx
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An economy run by oligarchs can't go on long either. I just saw copper up on strong China growth. Growth over there is building excess capacity. They did that in Japan and it ran out.
The LEI is also at a record rate. I might add that after 1988, we fell into one of the biggest economic messes in a long time.
BTW, did you notice the seasonal adjustments? Also, unemployment was down to 388K. Many of the government offices here were closed all week last week.
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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
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Nevertoolate
Posts: 1219
Incept: 2007-08-26
San Antonio de Bexar de runover with illegals, Texas
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Seasonal adjustment means "we work one day less that week, so there are 20% few unemployment claims processed." The economy has to be improving!
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"Socialist never mind stealing, as long as they are the ones doing the stealing. They never mind lying, as long as they are doing the lying."-Mannfm11
Before you attempt to beat the odds, be sure that you can survive the odds beating you.
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Smacktle
Posts: 1362
Incept: 2009-01-20
Texas
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"Many of the government offices here were closed all week last week."
FINALLY! Some good news.
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The faults of the burglar are the qualities of the financier.
- George Bernard Shaw
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