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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (1234)5/14/2014 10:57:47 AM
From: Fintas  Read Replies (1) | Respond to of 26703
 
RE:

"A return to industrial growth in the USA ,partially the result of our cheaper energy. "

Well since I have access to those who are cutting edge in Electrical contractor side. Those firms would not say they are seeing fabulous upside in their business models. In fact one that use to do 1.2 B in revs is in the 450 M. Yes UP from 300M And a near 50% increase.. But a long ways from 1.2B That means they are not hiring as they were. That means fewer jobs. It also means fewer projects to display their expertise.

It also means that yes there is improvement but I'd liken it to watching the erosion of a coast line..

My gut says it's going to take LOTS OF TIME as in YEARS.. So I feel comfortable driving in many a remote area and not worry about some UKE running me over. or GAS retuning to 1.50 a gallon any time soon due to the SHALE projects. SMILE

I love your positive attitude.

I just like to keep it real.

Fintas



To: robert b furman who wrote (1234)5/14/2014 11:02:25 AM
From: Kirk ©  Read Replies (1) | Respond to of 26703
 
Thanks for the summary.

I think ECRI, if they are wrong in that revisions don't lower GDP by the 0.7% required to show an official recession, missed the affect of QE. They said there was nothing the Fed could do to prevent a recession. I think they goofed in that yes, rates couldn't go any lower, but by printing $80B a month to give the government at next to nothing to keep government workers and contractors employed, there WAS something left for the Fed to prevent a recession/depression.