Comments on: Manufacturing Hanging In There http://www.economyguy.com/manufacturing-hanging-in-there/ Economic News For Everybody....by Tom Harvey and Cyrus Uible Thu, 09 Feb 2012 03:08:35 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: George http://www.economyguy.com/manufacturing-hanging-in-there/comment-page-1/#comment-377 George Wed, 02 Jul 2008 17:01:50 +0000 http://www.economyguy.com/manufacturing-hanging-in-there/#comment-377 Growth rates in manufacturing are rising, but so are costs. A lot of manufacturing and <a href="http://www.spec-eng.com/services.html" rel="nofollow">process engineering</a> companies are still trying to see if it levels out. Nevertheless, it's good news for the economy as a whole. Growth rates in manufacturing are rising, but so are costs. A lot of manufacturing and process engineering companies are still trying to see if it levels out. Nevertheless, it’s good news for the economy as a whole.

]]> By: Tom Harvey http://www.economyguy.com/manufacturing-hanging-in-there/comment-page-1/#comment-376 Tom Harvey Tue, 01 Jul 2008 23:21:43 +0000 http://www.economyguy.com/manufacturing-hanging-in-there/#comment-376 Hi David, I'm glad you brought up the Shanghai market. The Chinese are trying to slow down their economy, raising gasoline prices, collecting too many US dollars, hoping for a successful Olympics, etc. Their economy is looking like a slowdown in progress, and it wouldn't take much to make an overbought stock market crash violently. Tom Hi David,

I’m glad you brought up the Shanghai market. The Chinese are trying to slow down their economy, raising gasoline prices, collecting too many US dollars, hoping for a successful Olympics, etc. Their economy is looking like a slowdown in progress, and it wouldn’t take much to make an overbought stock market crash violently.

Tom

]]> By: David http://www.economyguy.com/manufacturing-hanging-in-there/comment-page-1/#comment-375 David Tue, 01 Jul 2008 22:04:37 +0000 http://www.economyguy.com/manufacturing-hanging-in-there/#comment-375 Yep, this feels like a slow news day. The market just moves up and down with no real direction. The world economy can only be headed towards slower growth. I applaud Wachovia's choice to exit the option ARM business. This whole loan product is pretty much a guaranteed failure so it makes sense to drop it. BTW, if you have time, search out the option ARM reset charts. Once those loans start reseting, then we'll have a new storm of foreclosures hitting the hot markets and mid-priced homes. This will affect the high FICO borrowers who mainly bought way overvalued RE in FL, NV, AZ, and CA. Expect those home prices to plummet. I have been looking for an entry point on purchasing Wachovia puts. Not only do they have a large option ARM porfolio that will crash, but they have a credit card business that is seeing rising default rates too. BTW, has anyone seen the Shanghai index chart? It looks like the Nasdaq bubble crash from 2001-2002. Yep, this feels like a slow news day. The market just moves up and down with no real direction. The world economy can only be headed towards slower growth.

I applaud Wachovia’s choice to exit the option ARM business. This whole loan product is pretty much a guaranteed failure so it makes sense to drop it. BTW, if you have time, search out the option ARM reset charts. Once those loans start reseting, then we’ll have a new storm of foreclosures hitting the hot markets and mid-priced homes. This will affect the high FICO borrowers who mainly bought way overvalued RE in FL, NV, AZ, and CA. Expect those home prices to plummet. I have been looking for an entry point on purchasing Wachovia puts. Not only do they have a large option ARM porfolio that will crash, but they have a credit card business that is seeing rising default rates too.

BTW, has anyone seen the Shanghai index chart? It looks like the Nasdaq bubble crash from 2001-2002.

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