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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Hawkmoon who wrote (17255)9/23/2015 2:24:29 PM
From: The Ox1 Recommendation

Recommended By
Hawkmoon

   of 33421
 
There are some very interesting factors going on with the US economy that make it hard to gauge just how weak or strong it is at the moment.

Yet, people are trying to convince us that the economy is "stabilizing"..



Only one example is the steel industry. Are the stock charts of X or MT indicative of the underlying steel industry in America or is the fact China is (it appears illegally) dumping cheap steel into the US causing a disconnect?

Was China the real reason the FED didn't tighten or were the FED afraid of another US government shutdown like a few years ago? If the government shuts down again, shave a few tenths of a percent point of GDP for every couple weeks it's closed!

I suppose people like iso will say I'm just being emotional (vbg).....
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