Comments on: Industrial Economic Signals: Down But Not Out http://agmetalminer.com/2008/01/04/industrial-economic-signals-down-but-not-out/ Sourcing & Trading Intelligence for Global Metals Markets Wed, 28 Jul 2010 14:02:23 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Wall Street Anticipates a Steel Price Hike — Can It Be True? | MetalMiner http://agmetalminer.com/2008/01/04/industrial-economic-signals-down-but-not-out/comment-page-1/#comment-63 Wall Street Anticipates a Steel Price Hike — Can It Be True? | MetalMiner Fri, 01 Feb 2008 12:12:55 +0000 http://agmetalminer.com/2008/01/04/industrial-economic-signals-down-but-not-out/#comment-63 [...] weeks ago, we published an article titled Industrial Economic Signals: Down But Not Out. At that time (January 4, to be exact) everyone was speaking the “R” word but the [...] [...] weeks ago, we published an article titled Industrial Economic Signals: Down But Not Out. At that time (January 4, to be exact) everyone was speaking the “R” word but the [...]

]]> By: admin http://agmetalminer.com/2008/01/04/industrial-economic-signals-down-but-not-out/comment-page-1/#comment-20 admin Sat, 05 Jan 2008 22:48:02 +0000 http://agmetalminer.com/2008/01/04/industrial-economic-signals-down-but-not-out/#comment-20 Jason, I don't think you have any idea what you signed yourself up for. If there were a shoe hedge, you ought to buy one now. The price of this Choo's and Manolo Blahnik's are about to skyrocket given the dollar/Euro exchange rate. All you ladies out there, better pick up your 2007 fall season shoes now while you can! Imelda. Jason,
I don’t think you have any idea what you signed yourself up for. If there were a shoe hedge, you ought to buy one now. The price of this Choo’s and Manolo Blahnik’s are about to skyrocket given the dollar/Euro exchange rate. All you ladies out there, better pick up your 2007 fall season shoes now while you can! Imelda.

]]> By: Jason Busch http://agmetalminer.com/2008/01/04/industrial-economic-signals-down-but-not-out/comment-page-1/#comment-19 Jason Busch Fri, 04 Jan 2008 19:30:09 +0000 http://agmetalminer.com/2008/01/04/industrial-economic-signals-down-but-not-out/#comment-19 Imelda, Just a note from your husband (not your fellow blogger)... if it helps the economy anymore, you're welcome to keep spending on your shoe collection in 2008. Imelda,

Just a note from your husband (not your fellow blogger)… if it helps the economy anymore, you’re welcome to keep spending on your shoe collection in 2008.

]]> By: admin http://agmetalminer.com/2008/01/04/industrial-economic-signals-down-but-not-out/comment-page-1/#comment-18 admin Fri, 04 Jan 2008 15:13:58 +0000 http://agmetalminer.com/2008/01/04/industrial-economic-signals-down-but-not-out/#comment-18 I think it is clear that the economic signals are certainly throwing up some red flags. It is true to say that costs are spiralling for some major commodity areas but we feel the slack in US demand will open up metal supplier capacity. I think in particular, more finished product goods (machinings, castings, forgings etc) will face downward price pressure. We'll see how it shakes out. LAR I think it is clear that the economic signals are certainly throwing up some red flags. It is true to say that costs are spiralling for some major commodity areas but we feel the slack in US demand will open up metal supplier capacity. I think in particular, more finished product goods (machinings, castings, forgings etc) will face downward price pressure. We’ll see how it shakes out. LAR

]]> By: Jason Busch http://agmetalminer.com/2008/01/04/industrial-economic-signals-down-but-not-out/comment-page-1/#comment-17 Jason Busch Fri, 04 Jan 2008 12:24:31 +0000 http://agmetalminer.com/2008/01/04/industrial-economic-signals-down-but-not-out/#comment-17 I still think US manufacturers will be screwed when it comes to material costs in 2008 (especially global sourcing costs). The Fed is in a fascinating position at the moment in that it must cut rates to get out out of what I believe will be a recession if they maintain the status quo, but at the same time, we find ourselves in the grip of significant inflation in the consumer sector (food, energy, oil, etc.), suggesting higher rates will be essential to fight inflation -- which would only cause the economy to spiral downward faster. Bad news, in my view, as was this more recent ISM date from two days ago: http://www.spendmatters.com/index.cfm/2008/1/3/Interpreting-ISMs-Manufacturing-Sector-Downturn I still think US manufacturers will be screwed when it comes to material costs in 2008 (especially global sourcing costs). The Fed is in a fascinating position at the moment in that it must cut rates to get out out of what I believe will be a recession if they maintain the status quo, but at the same time, we find ourselves in the grip of significant inflation in the consumer sector (food, energy, oil, etc.), suggesting higher rates will be essential to fight inflation — which would only cause the economy to spiral downward faster. Bad news, in my view, as was this more recent ISM date from two days ago:

http://www.spendmatters.com/index.cfm/2008/1/3/Interpreting-ISMs-Manufacturing-Sector-Downturn

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