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alstry (36.08)

The SUCK 'O' METER

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February 08, 2008 – Comments (5)

Are things distressed out there?  Let's take a look:

 

Housing (20% of economy).............Really Sucks

Autos....(4-5%)..............................Sucks........Really Sucks if you are a dealer

Retail............................................Starting to Suck

Restaurants (rapidly rising costs).....Sucks

Banking/Finance............................Sucks

Technology....................................Could be Starting to Suck

Government...................................Signs of Real Sucking

Manufacturing................................Sucks domesticly.....Good if export

Agriculture.....................................Kicking the backside of a donkey

Military/defense/security.................Booming if you are a supplier but sucks if you are end user

Transportation................................Sucks ans slowing

 

That's enough for now.  The consumer is 2/3 of the economy.  Consumer confidence is at recent record lows.  If it sucks for the consumer, you can feel pretty safe that it pretty much sucks.  Now government is starting to feel the pinch?

Alstry has the solution, but let's see if one of our candidates can come up with it first.

 

 

5 Comments – Post Your Own

#1) On February 08, 2008 at 9:48 AM, dwot (40.93) wrote:

Shame...

And what of the adult entertainment industry... 

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#2) On February 08, 2008 at 9:56 AM, TMFBent (99.81) wrote:

there's always gambling, right?

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#3) On February 08, 2008 at 10:00 AM, cubanstockpicker (21.16) wrote:

Eventually these industries will reverse the trend and go from SUCKS TO BLOWS!!

 

 

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#4) On February 08, 2008 at 11:27 AM, alstry (36.08) wrote:

If Don Tomintz from DH Horton can say homebuilding sucks, so be it.....it sucks.  Now Bear Streans is laying off 10% of its workforce.  The governator is telling every department in CA to cut by 10%?  CA is the 8th largest economy in the world.

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#5) On February 08, 2008 at 5:40 PM, alstry (36.08) wrote:

Please  add Commercial Real Estate to the beginning to Suck catagory.

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