SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (5221)12/9/2001 2:53:09 PM
From: MulhollandDrive  Read Replies (3) of 33421
 
Hi John..

>>The government announced this morning that Japan's real gross domestic product shrank 0.5%, or an annualized 2.2%, between July and September, compared with the previous quarter. That puts Japan technically in a recession -- its fourth in a decade -- under the common definition of two straight quarterly contractions. The government also revised down the second quarter's contraction in GDP to 1.2% from 0.7%.<<

4 recessions in a decade. And our last recession was when?

I heard an economist talking about the "recovery" yesterday and was citing the service sectors with emphasis on such groups as "healthcare and security".

I personally do not see how we can have a recovery without corresponding manufacturing growth. We had an increase in sales in October that came not from an increase in production, but a reduction in inventory.

If the increase in sales is met entirely through an increase in production, there will be a big positive effect on economic growth. If the increase in sales is met through a reduction in inventories, there will be no impact on economic growth at all. For example I had read that the higher car sales in October were matched by a reduction in inventory. I can personally attest to that. We went looking for a vehicle with the 0% sales incentive and found little by way of selection, so rather than buy something we didn't really want, we declined.

In other words, we're not *that* desperate.

I still keep returning to the decreasing demand dynamic...(DDD for short?) and Japan's continuing economic woes looms larger as a result.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News