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Global Growth Has Collapsed
| Joe Weisenthal
Posted on 09/25/2012 6:21:45 AM PDT by blam
Global Growth Has Collapsed
Sep. 25, 2012, 5:44 AM
The below chart comes from Morgan Stanley's latest Strategy Forum deck, and though it's simple, we suspect a lot of people haven't seen it yet, or really haven't made the connection between the chart and other big economic stories of the day.
This is the chart that's causing warnings from FedEx.
This is the chart that's contributed to the collapse of the Shanghai Composite.
This is the why the Baltic Dry Index is down 60% this year.
It's why US manufacturing indices are giving off the weakest signs of the economy.
If the US goes into a recession in the next year, this will almost certainly be why.
(Excerpt) Read more at businessinsider.com ...
TOPICS: News/Current Events
KEYWORDS: economy; globalgrowth; globalrecession; recession; recovery
posted on 09/25/2012 6:21:52 AM PDT
Why Caterpillar Skipped 2014 And Lowered Its Outlook For 2015
"Yesterday at the MINExpo conference, Caterpillar reduced its earnings outlook for 2015 way further in advance than companies usually issue guidance."
"Given the company's position as the biggest manufacturer of construction equipment in the world, the move raised some eyebrows and even caused markets to fall near the close of trading yesterday."
posted on 09/25/2012 6:26:42 AM PDT
Obama’s a shoe-in then. The sheeple need their Shepard of EBT.
posted on 09/25/2012 6:30:09 AM PDT
( I won't be reconstructed and I do not give a damn.)
US Gross Domestic Product release, USDC/BEA, 3rd quarter 2012 (advance estimate), October 26, 8:30 am
posted on 09/25/2012 6:37:57 AM PDT
(2008 + IN, NE1, NC, FL, VA, OH, IA = 272EV)
We are all going to need EBT if this continues. Which, of course, is the goal.
To: blam; everyone
"The US never came out of a recession. Indices were 'tricked' by a $9 Trillion injection of cash, guarantees, loans and bailouts. The situation for most individuals has continued to degrade. This should not be a shock to anyone. Pumping a system in hopes that demand will return from a consumer who is earning less and less, and who's buying power is continuing to weaken is pure hilarity. We are in a similar tail spin as Japan except with much larger demographics....which means a much more rapid decline."
posted on 09/25/2012 7:29:24 AM PDT
(FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
A turnaround in the US economy would make the world feel all better. That isn’t going to happen with Obama in office.
posted on 09/25/2012 8:24:06 AM PDT
Good find. Thanks. Well, the news is not good, but knowing the reality is.
posted on 09/25/2012 8:33:11 AM PDT
((Traitor John Roberts' Obama"care" violates Sherman Anti-Trust Law, AND the U.S. Constitution.))
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