Leading Indicators Down for 5th Month

[DuaneBidoux]

<http://news.moneycentral.msn.com/breaking/breakingnewsarticle.asp?feed=OBR&Date=20041118&ID=4103978>

This is very serious. 3 times okay...4 times well...5 times start looking for cover. Six times usually means start looking for the next recession.

[Warpy]

1. We're in for a very rough time, folks

We've got record debt, inflation, massive job loss, and a government that is hostile to the interests of its people.

[KingChicken]

2. I agree, things not looking good, housing waiting to collapse, dollar bad

nt

[jayfish]

3. Oh, How I Wish Frodo...

was still here to cheer me up.

Jay

[qanda]

5. LOL

He did serve a useful purpose, didn't he?

[dkofos]

4. But I thought we turned the corner??

Didn't we ??
I'm sure He told me

[Javaman]

12. We stopped turning the corner months ago when we found out...

that we ended up right were we started...

what I don't get are what these guys in the article are saying:

"A fifth straight decline in the leading indicators is a clear signal that the economy is losing steam, and may start off 2005 with a relatively weak pace of economic activity,'' Conference Board economist Ken Goldstein said in a statement."

Then...

"It's not yet a signal that we've got real trouble in the economy,'' said Gary Thayer, chief economist with A.G. Edwards & Sons Inc. in St. Louis. ``It's signaling more moderate growth in the months ahead, but not necessarily a recession."

More newspeak???

[ihaveaquestion]

6. When the next recession hits...

it'll STILL be Clinton's fault! You watch! :crazy:

[delete_bush]

7. Just my gut instinct, but I have a

feeling the upcoming holiday season is going to be brutal for the retail trade.

[billyoc]

9. It will be if I'm any indicator.

I'm not buying SHIT. :grr:

[IthinkThereforeIAM]

14. I'm not buying...

...either. Watch for a new speech telling us to "spend our way out of economic ruin" in an attempt to get a one month boost in sales so the "sixth month" doesn't hit for another "six months".

[billyoc]

15. You can bet on it

this is an administration that told us to "go shopping" in response to a bombing in New York. :grr:

[PROGRESSIVE1]

8. at this rate the 2008 Election will be another 1932!

[nadinbrzezinski]

10. Assuming the elections are clean

WE SHOULD (and we did)win, but them pesky electronic machines took it away

Now you are right, and it could be worst than '32... how much worst? Boy my imagination is running wild on that one... given the editorials that have recently been apearing, not the Chenney the South blogs, but actually editorials, like those seen in the Virginian way back then (after Abe Lincoln was elected)

[Wright Patman]

11. If only Hoover

had had black box voting.

[struggle4progress]

13. Happy days are right around the corner. Good times are just ahead.

All the Repubs say so.