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Title: Is the USA is in a recession because of high gas prices?
Source:
clarionledger
URL Source: http://www.clarionledger.com/apps/p ... D=/20061102/BIZ/611020363/1005
Published: Nov 2, 2006
Author: USA Today
Post Date: 2006-11-02 15:56:01 by TLBSHOW
Keywords: None
Views: 19753
Comments: 71
Economy slowing; recession in 2007? WASHINGTON — There is little doubt the economy is slowing. What is unclear is how long the decline will last or how deep it will be. The latest evidence of a slowing economy came Wednesday in reports showing a dip in the rate of growth in the manufacturing sector and a further decline in housing construction. Also on Wednesday, Merrill Lynch warned clients that its "recession-risk indicator" is now pointing to a 51 percent chance of a recession in the next year, the highest such odds since the last recession in 2001. The indicator has only twice hit the 51 percent line without being followed by a recession, Merrill Lynch chief North American economist David Rosenberg said in a report titled, On a Knife's Edge. The question of whether there will be a recession is "still a tough call," he says. But "what the indicator represents is, at a minimum, a significant slowing in growth." Joel Naroff of Naroff Economic Advisors says there are still enough factors in the economy's favor to keep it afloat. In particular, job growth is still solid, and wages are rising while interest rates are low, historically speaking. But that doesn't mean the economy is poised for a big takeoff. "I'm not concerned about a recession at all, but I do think that we could be looking at (subpar) growth ... this quarter and the first half of next year," he said.
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#31. To: cwrwinger (#30)
Funny.
Labor Department report Thursday that showed a surprising increase in claims for jobless benefits last week added uncertainty to the outlook for holiday sales. ........... To: MeneMeneTekelUpharsin Very true. Some have their heads stuck in the sand. 2 posted on 11/30/2006 9:07:10 PM EST by Dubya (Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father,but by me) http://www.freerepublic.com/focus/f-news/1746710/posts
Now I have told you before it happens so that, when it happens, you may believe
Published: November 30 2006 18:42 | Last updated: December 1 2006 00:12 The dollar suffered sharp falls on Thursday, hit by reports of weak US business activity and a benign inflation picture. http://www.ft.com/cms/s/5f9c46dc-80a1-11db-9096- 0000779e2340.html
Now I have told you before it happens so that, when it happens, you may believe
Oil Prices Rise Above $63 a Barrel Nov 30 11:26 AM US/Eastern By GEORGE JAHN Associated Press Writer Oil prices briefly shot above $63 a barrel Thursday in a rally that brokers attributed to technical trading, coupled with buying prompted by the approach of the Northern Hemisphere winter. Natural gas futures also climbed following the release of government data that showed a net withdrawal of natural gas from domestic underground storage facilities. Analysts are split over whether the recent surge in energy futures represents a correction for a market that had been trending lower since late summer, or if it is the beginning of a new upswing
Now I have told you before it happens so that, when it happens, you may believe
"...Since last summer, when the housing bust became unmistakable, interest rates on long-term bonds have fallen sharply. They’re now yielding much less than short-term bonds. The fact that investors are willing to buy those long- term bonds anyway tells us that these investors expect interest rates to fall. And that will happen only if the economy weakens, forcing the Federal Reserve to cut rates. So bond buyers are, in effect, betting on a future economic slowdown. "...How serious a slump is the bond market predicting? Pretty serious. Right now, statistical models based on the historical correlation between interest rates and recessions give roughly even odds that we’re about to experience a formal recession. And since even a slowdown that doesn’t formally qualify as a recession can lead to a sharp rise in unemployment, the odds are very good — maybe 2 to 1 — that 2007 will be a very tough year.
Now I have told you before it happens so that, when it happens, you may believe
warning A recession looms over AMERICA Now I have told you before it happens so that, when it happens, you may believe TLBSHOW posted on 2006-11-04 Concerns about the banks were started by comments by former Federal Reserve chairman Alan Greenspan that a recession could occur in the US by the end of the year. http://www.theaustralian.news.com.au/story/0,20867,21298417- 20142,00.html February 28, 2007
Now I have told you before it happens so that, when it happens, you may believe
#9. To: Biff Tannen (#8) warning A recession looms over AMERICA Now I have told you before it happens so that, when it happens, you may believe TLBSHOW posted on 2006-11-04 Concerns about the banks were started by comments by former Federal Reserve chairman Alan Greenspan that a recession could occur in the US by the end of the year. http://www.theaustralian.news.com.au/story/0,20867,21298417- 20142,00.html February 28, 2007
Now I have told you before it happens so that, when it happens, you may believe
How's it going, Todd? Boss-man cracking the whip down at the chicken-plucking plant?
Bucks too hard plays too rough, 2000 pounds of dangerous stuff, The way he looks he wants to tear me apart, But the way he throws me nearly stops my heart,-Buck and Roll.
Are you saying his boss-man is a 'cracker'?
"If I thought this war was to abolish slavery, I would resign my commission, and offer my sword to the other side." --Ulysses S. Grant
February 28, 2007 You do realize there is this thing called time, and when you prophesy (falsely) something as happening in 2006 and then it doesn't happen until 2007 you can't go back and say you were right. And you're still not right anyway, you wanker. Ya bloody tosser.
loom1 (lkm) intr.v., loomed, loom·ing, looms To seem imminent; impend: Revolution loomed but the aristocrats paid no heed.
Now I have told you before it happens so that, when it happens, you may believe
Now I have told you before it happens so that, when it happens, you may believe
Did the person pumping that fuel pay for it, or drive-off? What is the meaning of posting that photo?
"If I thought this war was to abolish slavery, I would resign my commission, and offer my sword to the other side." --Ulysses S. Grant
GAS PRICES IN AMERICA IS THE ROOT CAUSE OF THE RECESSION WE ARE IN.....
Now I have told you before it happens so that, when it happens, you may believe
Sorry to disappoint, but America ain't in a Recession...MUD
"Devolve Power Outta the Federal Leviathan and Back to the States, Nonsense then, nonsense now...MUD
"Devolve Power Outta the Federal Leviathan and Back to the States, Now I have told you before it happens so that, when it happens, you may believe
You sure spread your posts out these days. Nice to see you again.
Good to see you again AkA stone,, Soon the nation will be slaved BUT GOOD- OBAMA IS A POS TRASH COMMIE RAT
Now I have told you before it happens so that, when it happens, you may believe
False Prophet or not the activity on this thread BY SEVERAL DIFFERENT POSTERS shows that we need TLBSHOW as a regular poster to keep these sites alive.
Patriot City, home of Coral Snake's Bites of the Week
Todler is a sociakist Carl Snark. He got social with Fed Mertz and socialized his money from him. Now Fred can kiss his money goodbye. You like hangin around with them there sociakist yer ass types?
You are so passe Toddler. Surprised to see yer ugly face again.
I'm in a recession because of the Toddler, BUT GOOD.
Hey, Fred, I saw the post where you offered to send him 2 G's. lol, he said you could count on him. LMAO!! It's on that fucktard site FreedomForum, or whatever it's called. Sorry I didn't save the link! Good times, good times.
warning A recession looms over AMERICA ..................... U.S. recession began in December 2007, NBER says By Rex Nutting Last update: 12:15 p.m. EST Dec. 1, 2008Comments: 709 WASHINGTON (MarketWatch) -- The U.S. economy entered a recession in December 2007, a committee of economists at the private National Bureau of Economic Research said Monday. The economy reached a peak in December and has been declining since, according to the business cycle dating committee of the NBER. The committee does not judge a recession as two consecutive quarterly declines in gross domestic product; rather, it looks at four key monthly economic indicators, including employment, industrial output and sales. Employment peaked in December.
Now I have told you before it happens so that, when it happens, you may believe
Pay Fred, you bitch!
Dec. 6 (Bloomberg) -- The U.S. economy may be headed for its deepest and longest recession since World War II as mounting job losses take their toll on consumer confidence and spending.
Now I have told you before it happens so that, when it happens, you may believe
What is good about America being fucked?
Are you ever going to pay me back TLB? I could sure use the cash. For the record: TLB paid me some of it back but still owes me over a grand. Happy Holidays!
The nascent recovery in global economic activity could yet be derailed by rising oil prices, with Brent crude hitting $76 a barrel last week, its highest levels of the year to date. In a blunt warning last week, Goldman Sachs called for a co-ordinated policy response to resolve the problems of commodity shortages, noting: “Although the financial crisis had been addressed, the commodity crisis has not.” Francisco Blanch, commodity strategist at Bank of America Merrill Lynch, says that just as the rise in oil prices last year was an under-appreciated cause of the recession, this year’s collapse for crude prices has been an under- appreciated source of stimulus. “If oil prices go up, the choice for central banks will be to throw economies [in the developed world] back into recession or to let headline inflation trend higher,” warns Mr Blanch. http://www.ft.com/cms/s/0/e5c33c42-84c8-11de-9a64-00144feabdc0.html? nclick_check=1
Now I have told you before it happens so that, when it happens, you may believe
Drill ANWR NOW...MUD
"Devolve Power Outta the Federal Leviathan and Back to the States, Are you still alive?
Sad to say - but life under commie obama and before him idiot bush has taken its toll~~~
Now I have told you before it happens so that, when it happens, you may believe
Hey how is it going?
right now i have a homeless family of 5 sleeping in the living room.. life is just wonderful~
Now I have told you before it happens so that, when it happens, you may believe
Do you have any insights into what is to come?
http://www.google.com/search? hl=en&source=hp&q=slavery+liberty+post+tlbshow&aq=f&aqi=&aql=&oq=&gs_rfai=Cu5ScO FQQTP3vE5zGhgS7gq3NCgAAAKoEBU_QrAVu
Now I have told you before it happens so that, when it happens, you may believe
Well, you hang in there, okay?
DAMN TLBSHOW you have the gift to see the truth Dow Repeats Great Depression Pattern: Charts http://www.cnbc.com/id/38092759
Now I have told you before it happens so that, when it happens, you may believe
The lowest price I saw during my drive from Florida today was $2.439 in Alabama. I topped off for $2.499 in the same state.
Whatcha Lookin' At, Butthead
#32. To: Biff Tannen (#31)
hi biffy - everything is just peachey,,,,but you have your head up your ass and can't see the truth - while i have the gift and God is going to destroy the US economy but f'ing good -
#33. To: All (#32)
Dollar slides as US business slows
#34. To: All (#33)
http://www.breitbart.com/news/2006/11/30/D8LNGCNG0.html
#35. To: All (#34)
New York Times 1 December 2006 Paul Krugman
Economic Storm Signals
#36. To: All (#9)
#9. To: Biff Tannen (#8)
#37. To: Biff Tannen (#36)
#38. To: TLBSHOW (#37)
#39. To: continental op (#38)
Boss-man cracking the whip
#40. To: TLBSHOW (#37)
Concerns about the banks were started by comments by former Federal Reserve chairman Alan Greenspan that a recession could occur in the US by the end of the year.
Whatcha Lookin' At, Butthead
#41. To: Biff Tannen (#40)
warning A recession
looms
over AMERICA
#42. To: Biff Tannen (#40)
#43. To: TLBSHOW (#42)
#44. To: cwrwinger (#43)
What is the meaning of posting that photo?
#45. To: TLBSHOW (#44)
"GAS PRICES IN AMERICA IS THE ROOT CAUSE OF THE RECESSION WE ARE IN....."
Localities, and Individuals as Prescribed in the US Constitution."
#46. To: TLBSHOW (#23)
"...an economy that already is in slowdown mode."
Localities, and Individuals as Prescribed in the US Constitution."
#47. To: Biff Tannen (#21)
To: Biff Tannen (#19) let us now add to the word mix the depression, when we mix high gas prices and the housing bust...then you get the word depression,,,
#48. To: TLBSHOW (#47)
#49. To: A K A Stone (#48)
#50. To: TLBSHOW (#49)
#51. To: Coral Snake (#50)
#52. To: TLBSHOW (#49)
#53. To: Coral Snake (#50)
#54. To: Ferret Mike (#51)
He got social with Fed Mertz and socialized his money from him. Now Fred can kiss his money goodbye.
#55. To: Fred Mertz (#54)
Whatcha Lookin' At, Butthead
#56. To: All, Biff Tannen (#9)
To: Biff Tannen I just give truth before it becomes truth -
#57. To: TLBSHOW (#56)
Whatcha Lookin' At, Butthead
#58. To: Biff Tannen (#57)
AMERICA FUCKED BUT GOOD
#59. To: TLBSHOW (#58)
AMERICA FUCKED BUT GOOD
#60. To: TLBSHOW (#58)
#61. To: All (#2)
rise in oil prices last year was an under-appreciated cause of the recession
#62. To: TLBSHOW (#61)
Localities, and Individuals as Prescribed in the US Constitution."
#63. To: TLBSHOW (#58)
#64. To: Fred Mertz (#63)
#65. To: TLBSHOW (#64)
#66. To: A K A Stone (#65)
#67. To: TLBSHOW (#66)
#68. To: A K A Stone (#67)
yep
#69. To: TLBSHOW (#66)
#70. To: All (#21)
let us now add to the word mix the depression, when we mix high gas prices and the housing bust...then you get the word depression,,,
#71. To: TLBSHOW (#70)
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