Don't Count American Manufacturing Out Just Yet [View article]
I am afraid, sir, that your facts are twisted just as they are in the government reports. Manufacturing in the US today is but a fraction of what it has been. GNP is the best reporting tool for the manufacturing track but GDP looks much better to the masses as to how our country is doing. Domestic services should not be used in tracking manufacturing. Just look at DE,CAT,GM,Ford or Chrysler products. Without all the imported parts they are assembled with (assembled being the key word, not manufactured) they would have no product. Look at what is left of our steel industry. Very little. A real look at manufactured goods would give a very different reading from those used today.
Cash Position Best for Apple Investor [View article]
Well Zach, all I can say is, I hope we are wrong. I've been forecasting that the "fat lady is about to sing" and I know now that she has begun. We just don't know how long her song will be.
Don't Count American Manufacturing Out Just Yet [View article]
products. Without all the imported parts they are assembled with (assembled being the key word, not manufactured) they would have no product. Look at what is left of our steel industry. Very little. A real look at manufactured goods would give a very different reading from those used today.
Week in Review, Part I: Global Economics, International and U.S. Equity Markets Overview [View article]
Cash Position Best for Apple Investor [View article]