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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (560580)	4/13/2010 5:50:23 PM
From: Alighieri	Read Replies (1) \| Respond to of 1578141

I'm starting to believe that this economic recovery has legs ... Impossible...no way...this is shaping up to be a veritable disaster...even kudlow of all people is having to eat humble pie. Al

To: Tenchusatsu who wrote (560580)	4/13/2010 6:03:18 PM
From: i-node	Read Replies (1) \| Respond to of 1578141

>>> I'm starting to believe that this economic recovery has legs ... In spite of the horrible economic policy of this administration, a pseudo-recovery will come. But the reality is you cannot have a real economic recovery with government spending out of control, which it is, and with unemployment through the roof, which it is. Conditions that will exist until we get competent leadership. These idiots are going to plop this VAT on us if they can get away with it, and that will kill any chance of the normal economic cycle overcoming this god-awful policy.

To: Tenchusatsu who wrote (560580)	4/13/2010 6:20:01 PM
From: tejek	Respond to of 1578141

I'm starting to believe that this economic recovery has legs ... I think it does too. Tech has been doing well for a while but other industries are starting to catch up.....all while industry in general has been reluctant to build inventories. When that happens, watch out! Apropo.....from the Banks......Banking on a Recovery" thread: "Tiffany, based in New York, is planning for a “high single-digit percentage increase” in inventories this year as the world’s second-largest luxury jeweler retailer opens new stores, Chief Financial Officer James Fernandez told analysts March 22. Home Depot, the largest U.S. home-improvement retailer, “will be building inventory” this year in support of stronger sales, Carol Tome, chief financial officer of the Atlanta-based company, said on a Feb. 23 analysts call. “We’re moving into the restocking phase,” said David Hensley, director of global economic coordination for JPMorgan Chase & Co. in New York. “We’ll see successive additions to growth in the first quarter, second quarter and third quarter.”" <snip> ‘Inventory Replenishment’ “The most frequently cited reason for the improvement in volume was ‘inventory replenishment,’” Managing Director John Larkin and his fellow analysts said in an April 6 research note to clients on companies including Celadon Group Inc. in Indianapolis and Heartland Express Inc. in North Liberty, Iowa. Companies reduced stockpiles during the recession as demand for their products nosedived. Business inventories fell to $1.3 trillion in September from a record high of $1.51 trillion in August 2008, according to the Commerce Department. They have since risen to $1.31 trillion in January and are forecast to show another 0.4 percent increase in February when the data are released on April 14, according to a survey of 37 economists by Bloomberg News. ‘Sales Bottomed’ “Sales bottomed sooner than companies expected,” so businesses now have fewer goods than they need, Hensley said. He projects the economy will expand 2.5 percent in the first quarter and 4 percent in both the second and third quarters, with the inventory cycle boosting GDP by 0.5 percentage point, 1 percentage point and 0.4 percentage point respectively. The ratio of business inventories to sales was 1.25 in January, just above a 29-year low of 1.24 set in 2006 and down from a recession high of 1.46 in January 2009. The ratio averaged 1.3 in the last economic expansion, from 2001 to 2007. Message 26454289