I agree that companies such as HM are quite a predictable indicator of the economy. I continue to wrestle with a boatload of information that, in large part, serves to confuse. With a clear mind, I think that we are headed for neither a soft or hard landing, but something in between. The economy is great, the political situation will be gridlock and the country, being in war fatigue, will have the Iraq situation resolvesd by a rather quick withdraw of most forces by mid-2007. Bad fellows on the horizon (China, being the worst), will keep defense spending high, but not on personnel. It will have to be on weapons systems. Your blog is colorful and informative. Nice shot of your old man with the carp.
T. Thank you for your nice post. Technically, it is not my old man but my brother in law and it is not a carp but a red drum! Interesting fish...trying to find a school of them is like trying to find a recession--you look across the waters and try to find "unusual" activity (they travel in schools of several hundred) except it looks like usual activity (at least to this untrained eye). This fish (~41lbs) was caught a couple of weeks ago on Cape Hatteras sound where the large drum were spawning. They've now since gone out to sea.
Here's Steelcase. The other "big three" is Hayworth. I believe that it is private. Good for them.
4 comments:
I agree that companies such as HM are quite a predictable indicator of the economy. I continue to wrestle with a boatload of information that, in large part, serves to confuse. With a clear mind, I think that we are headed for neither a soft or hard landing, but something in between. The economy is great, the political situation will be gridlock and the country, being in war fatigue, will have the Iraq situation resolvesd by a rather quick withdraw of most forces by mid-2007. Bad fellows on the horizon (China, being the worst), will keep defense spending high, but not on personnel. It will have to be on weapons systems. Your blog is colorful and informative. Nice shot of your old man with the carp.
T. Thank you for your nice post. Technically, it is not my old man but my brother in law and it is not a carp but a red drum! Interesting fish...trying to find a school of them is like trying to find a recession--you look across the waters and try to find "unusual" activity (they travel in schools of several hundred) except it looks like usual activity (at least to this untrained eye). This fish (~41lbs) was caught a couple of weeks ago on Cape Hatteras sound where the large drum were spawning. They've now since gone out to sea.
T,
I suspect another significant tell is anything related to transportation. I'm seeing a lot of red on my sector screen....
There's a huge disconnect in the transports. I think that next week will be telling, as it is "post options expiry".
Post a Comment