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  • Market Outlook: Investors Ignore the Real Economy [View article]
    "How can we be having an economic recovery if nobody is buying industrial machinery?"
    "Again, how can there be a recovery when transportation companies have no demand for commercial trucks?"

    Greg, remember what's been happening the past 12-18 months. It's been referred to as "financial meltdown, armageddon, etc.etc
    by pundits and Obama.

    Banks weren't lending... Batta Bing, Botta Bong

    Companies shut down their purchasing dept's, then proceeded to lay off their workers. It's as simple as that.

    Trucks, dozers, motor homes, cars, boats,houses, and just about anything that you couldn't shove down your throat, sat on the shelves.

    Bet you two bits there's a recovery starting Q3 and thereafter.
    Jul 30 06:58 am |Rating: 0 -7 |Link to Comment
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