Archive for December 2015

There Go The Truckers: Unprecedented 59% Plunge In November Heavy Truck Orders

The rout beneath the relative calm of the market surface continues today as another sector has gotten crushed today in reaction to the domestic and global collapse in trade, the spreading domestic manufacturing recession and the bursting of the commodity bubble: truckers, and especially the heaviest, Class 8 trucks, those with a gross weight over 33K pounds, those which make up the backbone of U.S. trade infrastructure and logistics.

What happened? Nothing short of a complete disintegration in the heavy trucking sector. Wells Fargo explains:

November Class 5-8 orders decreased 40% yr/yr and 26% from October. The yr/yr decline was the eighth consecutive month of Class 5-8 contraction. The decline yr/yr was driven by weaker Class 8 order intake. Class 8 orders of 16,600 were below our channel check based 22,000-25,000 expectation, dropped 59% yr/yr and 36% from October (vs. the ten-year average 7% decrease in November from October), and was the weakest order month on a seasonally adjusted basis since August 2010. Clearly, November Class 8 orders slowed to weak levels and were beneath expectations. We estimate the Class 8 order intake translates into a Class 8 backlog decline of about 6-8% from October and 15-18% yr/yr. Further, we estimate that backlog to inventory fell to 1.6-1.7 from October’s 1.82 and remained beneath 2 for the third consecutive month.

Fundamentals appear to be progressively negative for future production trends, especially combining the sub-2 backlog to inventory ratio with a low likelihood for significant near-term order increase, given issues that tend to weigh on orders are becoming more prevalent according to our channel check (i.e., shorter order to delivery lead times and decreased used equipment pricing impact on trade-in values). We believe the Class 8 orders will be a negative surprise to investors and likely weigh on truck equipment related stocks.

And the punchline:

Class 8: Class 8 orders dropped 59% yr/yr to 16,600 and decreased 36% from October. The November orders were beneath our channel check based 22,000-25,000 unit forecast range and also below seasonal trends (below the ten-year average 7% decrease in November from October). This will likely disappoint some investors.

End of quote.

If you are not personally prepared for the possibility of a major global financial fallout, now is not too soon.

The way the world is manipulated in the interests of Israel and Zionism and the bankers behind it all

This collage video carries a message which, to me, is very clear. The world is manipulated in the interests of Israel and Zionism; or more accurately, those who set these up.

A few words from the video website:

Real name of Benjamin Netanyahu is Benjamin Mileikowsky. (Not Semitic last name.)
His father Benzion Mileikowsky was personal secretary of Ze’ev Jabotinsky, man who created Irgun terrorist organization. If you look at list of Irgun terrorist attacks, you will see that they did 34 terrorist attacks on Palestinian soil, before World War 2 even begun. Think about that.

End of quote.

As I’ve shown you the evidence for, Britain, the United States and Russia were all Zionist controlled prior to WWII. To this you can add France and Turkey, if you want to move to the second tier.

And WWII was about what?

Who owns and controls the press that told you what you have come to believe?

Who specified what you got taught in history classes? Who specified that many if not all European children (including British) have to be educated about the Holocaust and in most cases visit the fictional Auschwitz?

Who created the nonsense term anti-Semitic, when most Jews are not Semites and Semites are not Jews?

It’s all blindingly clear if you are willing to look, especially since it’s so career threatening in most employment roles to talk about it or any of the core planks of their game – the climate change hoax, the Holocaust hoax, vaccination… It’s a very long list.

Alarm Bells Go Off As 11 Critical Indicators Scream The Global Economic Crisis Is Getting Deeper

Economic activity is slowing down all over the planet, and a whole host of signs are indicating that we are essentially exactly where we were just prior to the great stock market crash of 2008.  Yesterday, I explained that the economies of Japan, Brazil, Canada and Russia are all in recession.  Today, I am mainly going to focus on the United States.  We are seeing so many things happen right now that we have not seen since 2008 and 2009.  In so many ways, it is almost as if we are watching an eerie replay of what happened the last time around, and yet most of the “experts” still appear to be oblivious to what is going on.  If you were to make up a checklist of all of the things that you would expect to see just before a major stock market crash, virtually all of them are happening right now.  The following are 11 critical indicators that are absolutely screaming that the global economic crisis is getting deeper…

#1 On Tuesday, the price of oil closed below 40 dollars a barrel.  Back in 2008, the price of oil crashed below 40 dollars a barrel just before the stock market collapsed, and now it has happened again.

#2 The price of copper has plunged all the way down to $2.04.  The last time it was this low was just before the stock market crash of 2008.

#3 The Business Roundtable’s forecast for business investment in 2016 has dropped to the lowest level that we have seen since the last recession.

#4 Corporate debt defaults have risen to the highest level that we have seen since the last recession.  This is a huge problem because corporate debt in the U.S. has approximately doubled since just before the last financial crisis.

#5 The Bloomberg U.S. economic surprise index is more negative right now than it was at any point during the last recession.

#6 Credit card data that was just released shows that holiday sales have gone negative for the first time since the last recession.

#7 As I mentioned yesterday, U.S. manufacturing is contracting at the fastest pace that we have seen since the last recession.

#8 The velocity of money in the United States has dropped to the lowest level ever recorded.  Not even during the depths of the last recession was it ever this low.

#9 In 2008, commodity prices crashed just before the stock market did, and late last month the Bloomberg Commodity Index hit a 16 year low.

#10 In the past, stocks have tended to crash about 12-18 months after a peak in corporate profit margins.  At this point, we are 15 months after the most recent peak.

#11 If you look back at 2008, you will see that junk bonds crashed horribly.  Why this is important is because junk bonds started crashing before stocks did, and right now they have dropped to the lowest point that they have been since the last financial crisis.

If just one or two of these indicators were flashing red, that would be bad enough.

The fact that all of them seem to be saying the exact same thing tells us that big trouble is ahead.

And I am not the only one saying this.  Just today, a Reuters article discussed the fact that Citigroup analysts are projecting that there is a 65 percent chance that the U.S. economy will plunge into recession in 2016…

The rest of this article is here.

Gunman hunted after deadly assault on US disability centre

US police say a suspected gunman is still at large but two others have been “dealt with” after at least 14 people were killed in a shooting attack at a disability centre near Los Angeles.

Understand that these shootings – real or fake but nevertheless false flags – will stop when the guns have been taken from the public as a result of public clamouring for it to be done. It took one event in Australia, the Port Arthur Massacre (for which there clear evidence the “crazed lone gunman” story is just that). The US is a very different beast and so we have this ongoing campaign.

Of course, this is not about getting rid of guns, just those held by the gullible public. Criminals always manage to get them, or haven’t you noticed? And, of course, the police and the military get to keep theirs – for our protection, of course…

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