Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (92164)	1/5/2010 11:48:16 PM
From: tdl4138	2 Recommendations Read Replies (1) of 94695

I keep hearing about this upturn in the economy...but have failed to see it. The only exception are the continual stream of talking heads being paraded daily on CNBC. What business sector is hiring? I've been pricing out a new 3/4 ton PU and the dealers are dying. No business. Stopped in at one shop and the salesman said he had delivered 2 new units for the month. He used to average 18. Last week I spoke to the manager of a local John Deere shop. Asked him why they had no new inventory. He explained that they were cutting back physical inventory and trying to survive on "orders" and service. Should be interesting to see how well they do selling $200K tractors from glossy brochures. Last month had to take care of some business in the Tampa area. Hadn't been there in 2 years. The amount of vacant retail and light industrial space was scarry. Where is the economy coming back so strong? I agree that the rate of decline has slowed, but that's a far cry from an upturn.

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