I fly Excel too, but what the hell are "UP Trending Indicators???"
We have been asking you that very question for the past 18 months.
But to answer your question, go back to Post 1 of this thread start reading again. Those UP Trending Indicators would be all those Leading Economic Indicators that have been Trending UPward that you keep telling everyone about yet don't ever list.
You told me NOTHING trends UP for three years so I brought it down to 18 months. That is just SIX Quarters. Re-read the thread and answer. I will help you. ENERGY would be an UP Trending Indicator.
We have been asking you that very question for the past 18 months.
But to answer your question, go back to Post 1 of this thread start reading again. Those UP Trending Indicators would be all those Leading Economic Indicators that have been Trending UPward that you keep telling everyone about yet don't ever list.
You told me NOTHING trends UP for three years so I brought it down to 18 months. That is just SIX Quarters. Re-read the thread and answer. I will help you. ENERGY would be an UP Trending Indicator.
Did you fall off the wagon again bear?
__________________ Don't believe everything you think www.kcmbca.org Kansas City Mercedes-Benz car club
As soon as I see the actual economy growing, foreclosures down, bankruptcies down, housing glut down, median income UP above COLA, manufacturing facilities UP in the US then I will start seeing a good economy.
What I see now is an economy PROPPED UP by high energy and food costs, War costs, $5Trillion in Deficit Spending and a FED that is bailing out it's buddies in the Financial sector as fast as it can print new money.
You want to see that as a "good" economy, shine up those rose tinted glasses and rock on.
X2.
This ongoing major trade imbalance is going to cause us grief, one way or t'other.
The weak dollar doesn't just make our products more attractive to foreign buyers, it also make our domestic properties and bundles of productive capital more appealing to furriners only to happy to snap up bargains.
Our one trick pony, tax-cuttin' Bush-o-mon, hasn't a clue on how the world works and I'm not sure his advisers are much above him on that.
__________________
cmac
There is no fool so dangerous as the fool that has wit. - Ben Franklin
Look, Jayhawk isn't lying. He's done a careful analysis, and from his view, there's no recession in sight.
It would, however, be useful if you could look at the same thing Jay's looking at - you'll undoubtedly come to the same conclusion when looking at things from his vantage point.
__________________
McCain '08? - Ya know, Benedict Arnold was a "War Hero", Too.
This ongoing major trade imbalance is going to cause us grief, one way or t'other.
The weak dollar doesn't just make our products more attractive to foreign buyers, it also make our domestic properties and bundles of productive capital more appealing to furriners only to happy to snap up bargains.
Our one trick pony, tax-cuttin' Bush-o-mon, hasn't a clue on how the world works and I'm not sure his advisers are much above him on that.
__________________
cmac
There is no fool so dangerous as the fool that has wit. - Ben Franklin
There is no fool so dangerous as a nit wit. - Jayhawk
Vehicle: 1985 500SEC, 1991 190E 2.6 (50k original miles)
Location: Los Angeles
Posts: 9,928
Chrysler supplier files for bankruptcy
No recession in sight?
Chrysler supplier files for bankruptcy
Sat Feb 2, 2:11 PM ET
Chrysler LLC scrambled to maintain its inventory of plastic parts after a supplier filed for bankruptcy protection.
Plastech Engineered Products Inc. apparently failed to negotiate a bailout package with its customers, The Wall Street Journal reported Friday.
Dearborn-based Plastech agreed to supply Chrysler through the weekend, spokeswoman Michele Tinson said.
The bankruptcy filing had not forced Chrysler to shut down any plants, Tinson said. "But it could potentially," she said. "It could impact a number of plants."
Calls to Plastech headquarters were not answered late Friday.
Chrysler was Plastech's fourth-largest customer, The Journal said. The company has 8,000 employees at more than 30 plants in North America.
Vehicle: PM me to Join the Expat Muslims for Obama Club........
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Jay's secret to a great a economy is out if the bag, no wonder he is bullish........
More jobless checks a cure for economy?
By JESSE J. HOLLAND, AP Labor Writer
1 hour, 54 minutes ago
WASHINGTON - For a bipartisan majority of senators, providing three months or six months of extra unemployment checks to more than 1 million jobless people is a better way to dig the economy out of a recession than just printing tax rebate checks.
Some economists agree, and undoubtedly, so do the nearly 1.3 million unemployed workers who face losing an average $282 a week in benefits before June.
But there is strong opposition leading up to a Senate vote in the week ahead on whether to add an extension of jobless benefits to a $161 billion House-passed combination of tax rebates and business tax cuts.
As the economy has slowed, more people have signed up for jobless benefits. The situation can only get worse given the report last week that employers payrolls by 17,000 in January — a job loss not seen since the tail of the last recession in 2003.
The unemployment rate also is on a generally upward trend. It jumped to 5 percent in December, the highest since right after the Sept. 11 attacks in 2001, then dipped to 4.9 percent in January.
Last week, the number of laid off workers filing applications for unemployment benefits soared by 69,000 to 375,000. It was the most new claims in one week since October 2005, when Hurricane Katrina and the other Gulf Coast storms disrupted the economy.
The National Employment Law Project estimates that 1.28 million people now collecting unemployment checks will be unable to find a job in the next six months and thus lose that help.
The plan before the 100-member Senate will need 60 votes to prevail. It would cost $14 billion and extend unemployment payments for 13 weeks nationwide to people whose 26 weeks of regular benefits have run out.
People without jobs in states where the unemployment rate has averaged 6.5 percent or more for three months could qualify for an additional 13 weeks of benefits, or 52 weeks altogether. Only Michigan would qualify for the extra 13-week extended benefits now; more states could join it if the job market continues to worsen.
Word has it that Jay ghost writes financial stories under the of alias of Jesse Jayhawk Holland.....................
__________________
"France has neither winter nor summer nor morals. Apart from these drawbacks it is a fine country. France has usually been governed by prostitutes." ---Mark Twain
Chrysler supplier files for bankruptcy
Sat Feb 2, 2:11 PM ET
Chrysler LLC scrambled to maintain its inventory of plastic parts after a supplier filed for bankruptcy protection.
Plastech Engineered Products Inc. apparently failed to negotiate a bailout package with its customers, The Wall Street Journal reported Friday.
Dearborn-based Plastech agreed to supply Chrysler through the weekend, spokeswoman Michele Tinson said.
The bankruptcy filing had not forced Chrysler to shut down any plants, Tinson said. "But it could potentially," she said. "It could impact a number of plants."
Calls to Plastech headquarters were not answered late Friday.
Chrysler was Plastech's fourth-largest customer, The Journal said. The company has 8,000 employees at more than 30 plants in North America.
That hardly heralds a recession! Companies--especially small companies--go under by the dozens every daily. Hell Chrysler itself may very well go under w/in a couple years. And, IMO, that would probably be a good thing for the car industry and the US economy. Economics is one of the few areas where bad news is often good news--all things considered.
You nay-sayers want things be bad so bad you you often overlook the greater good that comes from a lesser bad. It is the way of the world! --Jayhawk
By JESSE J. HOLLAND, AP Labor Writer
1 hour, 54 minutes ago
WASHINGTON - For a bipartisan majority of senators, providing three months or six months of extra unemployment checks to more than 1 million jobless people is a better way to dig the economy out of a recession than just printing tax rebate checks.
Some economists agree, and undoubtedly, so do the nearly 1.3 million unemployed workers who face losing an average $282 a week in benefits before June.
But there is strong opposition leading up to a Senate vote in the week ahead on whether to add an extension of jobless benefits to a $161 billion House-passed combination of tax rebates and business tax cuts.
As the economy has slowed, more people have signed up for jobless benefits. The situation can only get worse given the report last week that employers payrolls by 17,000 in January — a job loss not seen since the tail of the last recession in 2003.
The unemployment rate also is on a generally upward trend. It jumped to 5 percent in December, the highest since right after the Sept. 11 attacks in 2001, then dipped to 4.9 percent in January.
Last week, the number of laid off workers filing applications for unemployment benefits soared by 69,000 to 375,000. It was the most new claims in one week since October 2005, when Hurricane Katrina and the other Gulf Coast storms disrupted the economy.
The National Employment Law Project estimates that 1.28 million people now collecting unemployment checks will be unable to find a job in the next six months and thus lose that help.
The plan before the 100-member Senate will need 60 votes to prevail. It would cost $14 billion and extend unemployment payments for 13 weeks nationwide to people whose 26 weeks of regular benefits have run out.
People without jobs in states where the unemployment rate has averaged 6.5 percent or more for three months could qualify for an additional 13 weeks of benefits, or 52 weeks altogether. Only Michigan would qualify for the extra 13-week extended benefits now; more states could join it if the job market continues to worsen.
Word has it that Jay ghost writes financial stories under the of alias of Jesse Jayhawk Holland.....................
That is typical liberal hogwash! Extending unemployment benefits will do nothing to stimulate the economy. A quick influx of hard cash is what's required! Those jackass liberals in the Senate just want to appear "compassionate," and at the expense of the US economy.
That is typical liberal hogwash! Extending unemployment benefits will do nothing to stimulate the economy. A quick influx of hard cash is what's required! Those jackass liberals in the Senate just want to appear "compassionate," and at the expense of the US economy.
It might not stimulate the economy but it might put food on the table of those on the bottom rungs.
On the other hand, extending unemployment benefits actually IS HARD CASH. It buys stuff at stores which does what again?
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