Posted on 10/16/2023 6:58:59 AM PDT by Kaiser8408a
The Empire Strikes Out! Or “The March of Klaus Schwab and The World Economic Forum”
According to the New York Federal Reserve, business activity edged lower in New York State, according to firms responding to the October 2023 Empire State Manufacturing Survey. The headline general business conditions index fell seven points to -4.6. New orders fell slightly, while shipments were little changed. Unfilled orders declined, and delivery times shortened. Inventories held steady. Labor market indicators pointed to a slight increase in both employment and the average workweek. The pace of input price increases was similar to last month, while selling price increases moderated. Looking ahead, firms remained relatively optimistic about the six-month outlook.
On the earnings front, earnings downgrades overtake upgrades.
The Emperor Palpatine (Klaus Schwab).
(Excerpt) Read more at confoundedinterest.net ...
New York State has two major “industries” remaining: bloated government, and Wall Street.
...also the Grievance Industry and the Illegal Alien Invader Industry.
This Summer I biked the length of NY W to E along the Erie Canal/Mohawk. Stunningly beautiful in many places. Sadly though, every small town along the way is a dying hollow shell of a once better time. NY was really something at the turn of the century.
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