by Chris Britt

by Tom Toles

Category: Investing, Markets

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

6 Responses to “Trick or Treat”

  1. jmborchers says:

    Cartoons about sum it up. Although my personal 401k is only about 20% short of where the year started. Common sense pays off after all.

  2. cAPSLOCK says:

    Would anybody here be opposed to Obama as President if he was not born in the U.S.?

    That rule seems so arbitrary. Plus, he’s already been in the U.S. Senate so he’s earned his stripes.

  3. jmborchers says:

    I was trolling the web site and I found a dead link on the Managed Assets button but from the Job Listings tab.

    Error 440 no link.

  4. Vermont Trader says:

    I can feel my bearish tendencies starting to come out of hibernation again….

    CHICAGO PMI 37.8 Oct vs 48.0 consensus, 56.7 Sep
    New Orders 32.5 Oct vs 53.9 Sep
    Production 30.9 Oct vs 71.4 Sep
    Employment 41.5 Oct vs 49.1 Sep
    Inventories 56.5 Oct vs 37.7 Sep
    Prices Paid 53.7 Oct vs 80.7 Sep

    Scary doesn’t do this report justice. This abysmal report follows all other pre-ISM regional reports which carried the same tone – an abrupt change occurred in Oct. The plunge in the headline index left it at the lowest level since the 2001 recession. Demand side indicators collapsed. The 21.4 point drop in New Orders was the worst since the series began in 1968; the 40.5 drop in Production was the worst since its inception in 1946! The excess supply signal has never been worse – the New Orders-Inventories spread was -24.0. Price pressures eased rapidly – the 27.0 point drop in the Prices paid index was a record since 1946!

  5. Mannwich says:

    Did some of the usual suspects take the day off due to Halloween?

    – Mannwich (formerly known as Jeff M.)

  6. No Friday night jazz? Yes, we are a rowdy bunch. ;-)