I own a c company that does a lot of business in the trucking industry. In May they significantly cut back on all of their requirements from suppliers via product releases for components, parts, etc. I have been in the transportation industry for many decades and I have never seen such a dramatic cut-back in our orders for our parts. I read once that the transportation industry order volume is an excellent indicator of the economy. When it begins cutting back, it is an early indicator of sales orders and an economy heading downward. Thought you might like to hear that "heads Up".
Does that make your picks immune? Just curious..."
Tom's reply:
"I wouldn’t say ‘immune’ but CMRE, DAC, GSL and SFL are definitely shielded from this for a few years, unlike the truckers or the Maersks/Hapag/Cosco of the world. Why? We are renting ships to the transportation companies… we are not transporting containers."
The Ministry of Truth is getting better at their trade all the time, but they know what their big obstacle is - pesky social media. Since the Disinformation Governance Board was stillborn they have realized that a completely different approach will be needed. This is a big problem and the BOs(Billionaire Oligarchs) are losing patience. Using the courts is a high risk approach as they don’t want a bald faced First Amendment case in front of the Supreme Court. This issue was their biggest miscalculation. Stay informed and stay free.
So some people like to call a single person "They". What does this mean ? The Gospels give us a clue. For instance in Luke 8, 30 we read: "Jesus asked him, saying, What is thy name? And he said, Legion: because many devils were entered into him." Of course Jesus then went on to expel the devils and allowed them to go into the swine. He healed the sick man of his diabolical multiplicity and destroyed the local economy. Are we going to see something similar in our day ? Maybe. Who knows?
There will be both; after the 144,000 appear, there will be genuine miracles, but there will also be counterfeits.
To the law and to the testimony: if they speak not according to this word, it is because there is no light in them.
-Isaiah 8:20
Beloved, believe not every spirit, but try the spirits whether they are of God: because many false prophets are gone out into the world.
Hereby know ye the Spirit of God: Every spirit that confesseth that Jesus Christ is come in the flesh is of God:
And every spirit that confesseth not that Jesus Christ is come in the flesh is not of God: and this is that spirit of antichrist, whereof ye have heard that it should come; and even now already is it in the world.
What do you make of the theory or stance that the gov't interest expense is actually inflationary? I heard this posited the other day, though I can't remember where now. Basically, it may not be as inflationary as money directly to the people, but it's still money back to bond holders and does make its way back into the economy in ever larger amounts. So counterintuitively interest rate increases are not deflationary. And because most businesses and consumers have termed out or fixed rate debt it doesn't hurt them. It's an interesting dynamic and may explain some of the resilience so far.
Good reporting Bill and all! Old saying: "What goes up, must come down". WHEN, is still a good answer. The WHEN is the sticky part. We are still looking for pics verifying the Hotel pool Fauna attire.
yes all we ever get is BS .. the L is what we do! to many talkers and not enough listeners makes for a noisy world flooded in words that lack any meaning .. oh but were to go to find some solace ..
History is useful, which is why we focus on historic macro valuation measures like the Dow/Gold ratio. There’s also a whole other universe of real data from the real economy that tells you what’s really going on. The transport of goods and services through key infrastructure (roads, ports, rails, airports) consumes energy and generates information.
All of this leaves fingerprints, a kind of real-world paper trail (or exhaust fumes). Connect the dots and you have a much more realistic picture of the economic future the stock market is supposed to be discounting.
leads me to suggest it might be a candidate for the "in house - BPR" development of an AI app given the size and scope of the data set(s) involved and the variety of information that could be extracted from it.
Sounds like a fascinating Country where such a seemingly common sense approach could bring down the whole system. Wow and LoL.
I heard earlier today on K-Love a story about a Dutch grocery store chain(?) that instituted a SLOW check out lane, giving people the option to casually buy their groceries, encouraged to slow down, chat and get to know one another.
Apparently this has become an extremely popular option, proving there is still Hope...
Great link. I think I agree with most of it. I am still digesting it. Haven't seen anything from PGV or PVG lately. I miss his comments. Just Saying! Florida Jimmy.
Thank you Alex. He kind of indicated awhile back that he was going to do it. I liked most of his comments. I think he and I were soul mates in a sense. Just Saying? Florida Jimmy.
I own a c company that does a lot of business in the trucking industry. In May they significantly cut back on all of their requirements from suppliers via product releases for components, parts, etc. I have been in the transportation industry for many decades and I have never seen such a dramatic cut-back in our orders for our parts. I read once that the transportation industry order volume is an excellent indicator of the economy. When it begins cutting back, it is an early indicator of sales orders and an economy heading downward. Thought you might like to hear that "heads Up".
Gene D
I think you nailed it. Thank you for that. There's no better leading indicator than truck and rail transportation cut backs.
Hola -
Adding to the mix, I posted this on 10JUN23:
"Hi Tom -
We are upstream from this:
https://daily.whatfinger.com/truckers-warn-about-disastrous-freight-market-collapse-as-rates-face-massive-drop/
Does that make your picks immune? Just curious..."
Tom's reply:
"I wouldn’t say ‘immune’ but CMRE, DAC, GSL and SFL are definitely shielded from this for a few years, unlike the truckers or the Maersks/Hapag/Cosco of the world. Why? We are renting ships to the transportation companies… we are not transporting containers."
The Ministry of Truth is getting better at their trade all the time, but they know what their big obstacle is - pesky social media. Since the Disinformation Governance Board was stillborn they have realized that a completely different approach will be needed. This is a big problem and the BOs(Billionaire Oligarchs) are losing patience. Using the courts is a high risk approach as they don’t want a bald faced First Amendment case in front of the Supreme Court. This issue was their biggest miscalculation. Stay informed and stay free.
So some people like to call a single person "They". What does this mean ? The Gospels give us a clue. For instance in Luke 8, 30 we read: "Jesus asked him, saying, What is thy name? And he said, Legion: because many devils were entered into him." Of course Jesus then went on to expel the devils and allowed them to go into the swine. He healed the sick man of his diabolical multiplicity and destroyed the local economy. Are we going to see something similar in our day ? Maybe. Who knows?
Hi Mr. Torrence -
We likely WILL see similar "miracles" in our day - but they won't be the work of the God who created everything...
There will be both; after the 144,000 appear, there will be genuine miracles, but there will also be counterfeits.
To the law and to the testimony: if they speak not according to this word, it is because there is no light in them.
-Isaiah 8:20
Beloved, believe not every spirit, but try the spirits whether they are of God: because many false prophets are gone out into the world.
Hereby know ye the Spirit of God: Every spirit that confesseth that Jesus Christ is come in the flesh is of God:
And every spirit that confesseth not that Jesus Christ is come in the flesh is not of God: and this is that spirit of antichrist, whereof ye have heard that it should come; and even now already is it in the world.
1John 4:1-3
Awesome Andrew, thank you. I never made that connection; I like to learn something new every day.
Count it a Blessing when you learn something new each day. No matter how trivial it is..
Re: Pics of Hotel Pool Fauna. Just Saying! Florida Jimmy.
I was on that case as well still no pictures.
Mr. Bonner likes to tease. Fear not, there are plenty of pictures of scantily clad females on the interwebs. Try duckduckgo...
What do you make of the theory or stance that the gov't interest expense is actually inflationary? I heard this posited the other day, though I can't remember where now. Basically, it may not be as inflationary as money directly to the people, but it's still money back to bond holders and does make its way back into the economy in ever larger amounts. So counterintuitively interest rate increases are not deflationary. And because most businesses and consumers have termed out or fixed rate debt it doesn't hurt them. It's an interesting dynamic and may explain some of the resilience so far.
Good reporting Bill and all! Old saying: "What goes up, must come down". WHEN, is still a good answer. The WHEN is the sticky part. We are still looking for pics verifying the Hotel pool Fauna attire.
Just Saying! Florida Jimmy.
Thanks Bill fantastic write up.
Joel keep it coming; " without the labour all you've lft with is BS"
Brilliant! Thanks to BPR
You're welcome! .... Oh I apologize I guess that was for another Bill.
There will be no hard landing ... there will be no landing at all ... because it will be a crash ... point barre !
Welcome to MET or Modern Economic Theory. Rule 1 - You own nothing and are happy about it.
yes all we ever get is BS .. the L is what we do! to many talkers and not enough listeners makes for a noisy world flooded in words that lack any meaning .. oh but were to go to find some solace ..
...and yet, the Bear Market Rally charges on. Buffet, Fisher, Navellier, Payne, et al, said back in January look for a strong market rebound.
Oh well. Woulda coulda shoulda. Or, as Dandy Don would say, if if’s and but’s were candy and nuts, we’d all have a Merry Christmas.
With everyone working from home where will they jump from when they lose it all in next crash?
The following extract from this email
History is useful, which is why we focus on historic macro valuation measures like the Dow/Gold ratio. There’s also a whole other universe of real data from the real economy that tells you what’s really going on. The transport of goods and services through key infrastructure (roads, ports, rails, airports) consumes energy and generates information.
All of this leaves fingerprints, a kind of real-world paper trail (or exhaust fumes). Connect the dots and you have a much more realistic picture of the economic future the stock market is supposed to be discounting.
leads me to suggest it might be a candidate for the "in house - BPR" development of an AI app given the size and scope of the data set(s) involved and the variety of information that could be extracted from it.
Thoughts and comments?
Hi Mr. Fishin' -
Sounds like a fascinating Country where such a seemingly common sense approach could bring down the whole system. Wow and LoL.
I heard earlier today on K-Love a story about a Dutch grocery store chain(?) that instituted a SLOW check out lane, giving people the option to casually buy their groceries, encouraged to slow down, chat and get to know one another.
Apparently this has become an extremely popular option, proving there is still Hope...
What could possibly go wrong Brother Fishin'?
Now excuse me while I continue to enjoy these beautiful butterflies and wonderful bubble gum...
Great link. I think I agree with most of it. I am still digesting it. Haven't seen anything from PGV or PVG lately. I miss his comments. Just Saying! Florida Jimmy.
Unfortunately, you won't. I'm pretty sure he cancelled his subscription, and that's why his comments disappeared.
Thank you Alex. He kind of indicated awhile back that he was going to do it. I liked most of his comments. I think he and I were soul mates in a sense. Just Saying? Florida Jimmy.