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	<title>Comments on: Trick or Treat</title>
	<atom:link href="http://www.ritholtz.com/blog/2008/10/trick-or-treat/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ritholtz.com/blog/2008/10/trick-or-treat/</link>
	<description>Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media</description>
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		<title>By: Calvin Jones and the 13th Apostle</title>
		<link>http://www.ritholtz.com/blog/2008/10/trick-or-treat/comment-page-1/#comment-124122</link>
		<dc:creator>Calvin Jones and the 13th Apostle</dc:creator>
		<pubDate>Sat, 01 Nov 2008 06:10:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=7059#comment-124122</guid>
		<description>No Friday night jazz?  Yes, we are a rowdy bunch.  ;-)</description>
		<content:encoded><![CDATA[<p>No Friday night jazz?  Yes, we are a rowdy bunch.  <img src='http://www.ritholtz.com/blog/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
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		<title>By: Mannwich</title>
		<link>http://www.ritholtz.com/blog/2008/10/trick-or-treat/comment-page-1/#comment-124112</link>
		<dc:creator>Mannwich</dc:creator>
		<pubDate>Sat, 01 Nov 2008 02:56:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=7059#comment-124112</guid>
		<description>Did some of the usual suspects take the day off due to Halloween?

 - Mannwich (formerly known as Jeff M.)</description>
		<content:encoded><![CDATA[<p>Did some of the usual suspects take the day off due to Halloween?</p>
<p> &#8211; Mannwich (formerly known as Jeff M.)</p>
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		<title>By: Vermont Trader</title>
		<link>http://www.ritholtz.com/blog/2008/10/trick-or-treat/comment-page-1/#comment-124111</link>
		<dc:creator>Vermont Trader</dc:creator>
		<pubDate>Sat, 01 Nov 2008 02:41:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=7059#comment-124111</guid>
		<description>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!</description>
		<content:encoded><![CDATA[<p>I can feel my bearish tendencies starting to come out of hibernation again&#8230;.</p>
<p>CHICAGO PMI 37.8 Oct vs 48.0 consensus, 56.7 Sep<br />
  New Orders 32.5 Oct vs 53.9 Sep<br />
  Production 30.9 Oct vs 71.4 Sep<br />
  Employment 41.5 Oct vs 49.1 Sep<br />
  Inventories 56.5 Oct vs 37.7 Sep<br />
  Prices Paid 53.7 Oct vs 80.7 Sep</p>
<p>Scary doesn’t do this report justice.  This abysmal report follows all other pre-ISM regional reports which carried the same tone &#8211; 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 &#8211; the New Orders-Inventories spread was -24.0.  Price pressures eased rapidly &#8211; the 27.0 point drop in the Prices paid index was a record since 1946!</p>
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		<title>By: jmborchers</title>
		<link>http://www.ritholtz.com/blog/2008/10/trick-or-treat/comment-page-1/#comment-124108</link>
		<dc:creator>jmborchers</dc:creator>
		<pubDate>Sat, 01 Nov 2008 00:21:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=7059#comment-124108</guid>
		<description>I was trolling the web site and I found a dead link on the Managed Assets button but from the Job Listings tab.

http://thebigpicture.jobthread.com/blog/managed-assets/

Error 440 no link.</description>
		<content:encoded><![CDATA[<p>I was trolling the web site and I found a dead link on the Managed Assets button but from the Job Listings tab.</p>
<p><a href="http://thebigpicture.jobthread.com/blog/managed-assets/" rel="nofollow">http://thebigpicture.jobthread.com/blog/managed-assets/</a></p>
<p>Error 440 no link.</p>
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		<title>By: cAPSLOCK</title>
		<link>http://www.ritholtz.com/blog/2008/10/trick-or-treat/comment-page-1/#comment-124105</link>
		<dc:creator>cAPSLOCK</dc:creator>
		<pubDate>Sat, 01 Nov 2008 00:09:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=7059#comment-124105</guid>
		<description>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.</description>
		<content:encoded><![CDATA[<p>Would anybody here be opposed to Obama as President if he was not born in the U.S.?</p>
<p>That rule seems so arbitrary. Plus, he’s already been in the U.S. Senate so he’s earned his stripes.</p>
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		<title>By: jmborchers</title>
		<link>http://www.ritholtz.com/blog/2008/10/trick-or-treat/comment-page-1/#comment-124102</link>
		<dc:creator>jmborchers</dc:creator>
		<pubDate>Fri, 31 Oct 2008 23:29:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=7059#comment-124102</guid>
		<description>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.</description>
		<content:encoded><![CDATA[<p>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.</p>
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