LKofScotland's  Instablog

so what's moving in the Pelosi/Reed/Obama economy?  Well if there's lot's of it and it's cheap it's on the move.  That means water and paper.  And how does it look at the dock.  According to Pedro (his actual first name) "lot's of cutbacks at the publisher after a big exapansion."  Are the newspapers moving, though?  "Well, yeah.  We're the only newspaper in town."  And how much bottled water is sold at Home Depot.  "Really none at all," according to Amanda.  "I think this load will last us the rest of the summer. Usually we sell the stuff for the water coolers and not the bottled stuff."  So how are the suppliers doing?  "Pass it on down the line.  If this stuff ain't moving we're not making money."  And load assignments for truckers?  "How you doin' with yours."  That's not a good sign.  Lots of inventory piling up outside the big box stores and auctions among big box store owners on who gets the scratch and dents with DEEP discounts.  As to be expected its the retailer that takes it on the chin when governments no longer care about growth in an economy let alone goods producing jobs.  As an aside there was an explosion of a train carrying ethanol that killed a bunch of people in Illinois.  Expect more since ethanol cannot be moved via pipeline but must be moved via the transportation grid.  LONG DISTANCES, too which again adds to expense of ethanol as opposed to that "evil fuel" gasoline.  So where's all that talk of "blood for alternatives" now that Americans in America are literally getting killed for it?  Oh, I forgot.  Democrats like ethanol.  Ethanol is "green" and "renewable" unlike oil which is merely safe and efficient.

disclosures:  S&P index fund and cash only.

so far i can only access this blog via computer and not my cell phone so my ability to update this regularly might be hindered.  the purpose of this blog is to give investors the ground view from the perspective of a tractor trailer driver (which i currently am) and report what actual dock workers tell me insofar as inventories and whats selling and for whom.  as such take this for what it is--not an overall view but a particular view and in particular the view of one person, me, and the people i will interview for this blog.  while i will not name the company i driver for here we are one of the largest and quite well run although as has been reported by Tyler Durden himself quite probably on the verge of bankruptcy.  We'll see what that means for me.  In the meantime you will be given access to the major retailers in the nation with the exception of Wal-mart which has its own trucks and as such has total control over its transportation network and to the extent it now matters to the trucking industry itself.  I hope you find it informative and look forward to "keeping you posted."

disclosures:  i am 100% in the Barclays S&P stock index fund but do trade in and out of individual names for my own account.