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alstry (35.61)

It is about to get BAD...REALLY BAD!!!!!!!!!!!!!!!!!!!!!!!!

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March 16, 2009 – Comments (6)

NOW THE FACTS:

U.S. Feb. capacity in use lowest since Dec. 1982

new orders index plunged 14 points to -44.8

AS ALSTRY TOLD YOU....AMERICA IS SHUTTING DOWN!!!!!!!!!!!!

If the NEW ORDERS index is at NEGATIVE 44.8.....where do you think we are going to be in a few months......

Let's see what a couple honest companies say....

Illinois Tool Works slashes first-quarter outlook

Dana Holding expects 2009 to be more challenging than 2008

And you don't think the guy who never saw this coming IN FACT really knows?????

Bernanke warns that the U.S. jobless rate of 8.1% will keep on rising

6 Comments – Post Your Own

#1) On March 16, 2009 at 9:32 AM, mhoemann (25.59) wrote:

Thanks for the Monday morning propaganda rant... What a startlingly eloquent thesis on our current economic situation...

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#2) On March 16, 2009 at 9:46 AM, Varchild2008 (83.61) wrote:

That kind of production just like unemployment isn't going to get better at the exact same time as financials.

Unfortunately, it starts to improve right around when Housing improves.....Housing hasn't yet bottomed.  It has kinda/sorta bottomed in Michigan though.

We need a Housing Bottom to go with our current Finanical rally and that will take a long time... perhaps Q2 2010.

There is a reason though why LOWES & HOME DEPOT are getting sold off while BEST BUY is getting bought this morning.

Consumer Goods stores are starting to gain in same store sales.... The February deceleration in sales is leading to I suspect positive growth in March.  Heck... I stimulated the economy this past weekend Alstry.

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#3) On March 16, 2009 at 10:32 AM, icuryy4me (< 20) wrote:

Hey Alstry,

It seems you have some fans.  I think you might enjoy this video "IOUSA"

 http://www.youtube.com/watch?v=O_TjBNjc9Bo

 

 

 

 

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#4) On March 16, 2009 at 11:12 AM, FleaBagger (29.59) wrote:

One of the things I like about the icuryy4me's video is the graphic display of CYA trying to tell people about the problem and no one listening.

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#5) On March 16, 2009 at 12:07 PM, jesusfreakinco (28.85) wrote:

icuryy4me

I sent the IOUSA vedeo to all my friends and family and would suggest to others to do the same.  It is a great summary of the debt problem and other issues.  Pass it on!

JFC

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#6) On March 16, 2009 at 12:43 PM, EHoyle80 (< 20) wrote:

Perhaps it’s a waste of time to talk of economic “consensus.” While many economists, both public and private, see a modest recovery beginning later this year, Gregor Macdonald sees nothing short of “collapse.” (http://seekingalpha.com/article/124983-recession-vs-collapse)

Key quote: “While assets can certainly continue to deflate across the globe, my question is as follows: Can the US Dollar and US Treasuries bear that load without breaking? My answer is no. Only if every asset on the planet, in particular all other currencies and sovereign debt, were abandoned.”

Via Stock Research Portal

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