[Rhodes22-list] US Indutrial Output Plunges

Michael D. Weisner mweisner at ebsmed.com
Mon Sep 15 12:06:25 EDT 2008


OK, all you folks on vacation, go back to work!
http://www.manufacturing.net/News-US-Industrial-Output-Slides.aspx?menuid=36

Energy price instability (just look at the gas prices this past weekend), major institution bankruptcies (and quick sales), increased costs in staple items, high foreclosure rate, increasing unemployment, lower industrial output, weak dollar ... be careful what you wish for if you want to be President!  Now, who was talking about $400 anchors?  We're going to need some real economic anchor points.

Mike
s/v Shanghai'd Summer ('81)
Nissequogue River, NY


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