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alstry (35.35)

GDP-Gross Distortion Please

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April 30, 2008 – Comments (1)

GDP increased because of an inventory build?

Inventory building and sales slowing.  Ouch!!!!  Get ready for massive layoffs now that businesses have enough inventory to last a while.  No need to make stuff is customers ain't buying.

Business spending DOWN!!!!  Not good.  Confirmation that customers ain't spending.  That means little capital is being deployed for future growth.....because business don't foresee any growth....depsite the BS they are telling you.

Last day of the month pump.  Enjoy it while it lasts.

1 Comments – Post Your Own

#1) On April 30, 2008 at 1:38 PM, FourthAxis (< 20) wrote:

I saw that too (yet the short bus riders push the market up again).  Here's a great breakdown from BusinessWeek.

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