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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (30318)4/10/2005 12:25:35 PM
From: russwinter  Read Replies (1) of 110194
 
Rasmussen consumer confidence index undergoing significant plunge. High for the year was 121.2, low for 04-05 was 104.6. :

Consumer Index Loses Three to 105.9

Today 105.9
Yesterday 108.5
Week Ago 110.6
Month Ago 113.6
3 Months Ago 119.7
Year Ago 118.0
rasmussenreports.com

Latest weekly steel production figures, bringing last eight weeks down 2.95% yoy:

2,025 vs 2,090 week
16,249- 16,740 last eight weeks

Global economy will need to slow even more rapidly, as copper inventories have dropped to another new low, a mere 82,368 MT left in LME and Comex. Comex only has 35,693 MT to back it's bogus synthetic "market".
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