Terrorist threat "gone" since Obama? Worst since 9/11 broken up!

Thanks for bringing it up pal!

For those who want a more balanced indicator or the economy, there is always the Index of Leading Economic Indicators.... It is UP for the fifth consecutive month

Thanks Team Obama!

:clap2:

<Isn't this getting too easy???>
Source?

Now, look at these: Economic Indicators

Thank you, BHO, and BHO alone. :rolleyes:

By all means Thank You Team Obama!

Nice overall trends showing a rising economy!


:clap2:
Declining GDP and down from last year.

Construction spending down 11% from last year.

Durable goods still decflining.

Retail sales down 8% from last year.

Manufacturing and trade inventories and sales down 12% from last year.

Wholesale inventories and sales down 19% from last year.

Housing starts down 30% from last year.

Housing sales down 3.4% from last year.

Personal income down.

Trade deficit up.

(vide supra)



Now, the source for your leading indicator which leads you to think all is so rosy?
 
Source?

Now, look at these: Economic Indicators

Thank you, BHO, and BHO alone. :rolleyes:

By all means Thank You Team Obama!

Nice overall trends showing a rising economy!


:clap2:
Declining GDP and down from last year.

Construction spending down 11% from last year.

Durable goods still decflining.

Retail sales down 8% from last year.

Manufacturing and trade inventories and sales down 12% from last year.

Wholesale inventories and sales down 19% from last year.

Housing starts down 30% from last year.

Housing sales down 3.4% from last year.

Personal income down.

Trade deficit up.

(vide supra)



Now, the source for your leading indicator which leads you to think all is so rosy?
"hope" "change" "YES WE CAN!!!"
 
Leading economic indicators rose in August for fifth straight month
THE ASSOCIATED PRESS

Monday, September 21st 2009, 1:45 PM

Lipinski/APEconomic indicators rose for the fifth straight month in August. Last week, Federal Reserve Chairman Ben Bernanke said the recession was "very likely over." Related NewsArticlesAugust new housing starts and permits rose to highest level in 9 monthsIs the recession ending? Jobless claims fell by 4,000New jobless claims drop unexpectedlyWorrying about a job can harm health more than actually losing jobA private forecast of U.S. economic activity rose in August for the fifth straight month, the latest sign the recession has ended. The Conference's Board leading indicators point to an economy on solid ground early next year, though some analysts caution that a rising unemployment rate will restrain growth.

The Conference Board said Monday its index of leading indicators rose 0.6 percent in August. That follows a 0.9 percent gain in July revised up from 0.6 percent. Economists surveyed by Thomson Reuters had expected an 0.7 percent gain last month.

The indicators are designed to project economic activity in the next three to six months. The August results support many analysts' projections that the economy started growing again in the current July-September quarter and will continue to gain in the fourth quarter.

Federal Reserve Chairman Ben Bernanke last week said the recession was "very likely over."

The recession's end "is no longer a source of heated discussion ... but whether or not the economy can keep grinding forward (and at what speed) is still a big question mark," Jennifer Lee, an economist at BMO Capital Markets, wrote in a note to clients Monday.

Some analysts worry that any current economic growth will falter as unemployment rises from the August rate of 9.7 percent to above 10 percent. But the leading indicators provided a rosier outlook for next year, said Bank of America Merrill Lynch analyst Ethan Harris.

"This is good news, no question about it," he said. "The data's more of an argument against the so-called double dip. They're all looking like next year's going to be a solid growth year."

A measure of supplier deliveries, rising stock prices, an increase in consumer expectations, a jump in building permits and the "interest rate spread" boosted the index in August.

That spread is the difference between yields on 10-year Treasurys and the federal funds rate, which the Fed is keeping at a record low near zero. The funds rate is the interest banks charge each other for loans. A big difference between it and the 10-year Treasury is viewed as positive because investors are willing to lend for longer periods.

On Wall Street, stocks moved mostly lower despite the Conference Board's mostly positive report and news of Dell Inc.'s plans to buy information technology company Perot Systems Corp. for about $3.9 billion. The Dow Jones industrial average lost about 25 points in midday trading. 'Broader indices were mixed.

The leading indicators index jumped 4.4 percent — an 8.9 percent annual rate — in the six months through August. That's the fastest six-month growth rate since March 2004. The increase in the six months through July was 3.3 percent.

An accompanying index meant to measure the current state of the business cycle was flat in August. The July reading was revised up to a 0.1 percent gain from zero, making it the first increase in nine months.

That index has bottomed in the same month as the U.S. economy for six out of the past seven recessions, Wells Fargo Securities economist Sam Bullard wrote in a research note.

The two indices suggest "that the recession is bottoming out," said Conference Board economist Ken Goldstein.



Read more: Leading economic indicators rose in August for fifth straight month



Thank You Team Obama!!!!


:clap2:
 
Dow Jones George Bush entered office 10750
Dow Jones: George Bush left office 8150

Net LOSS 32%

Dow Jones Barack Obama entered office 8150
Dow Jones: Today 9682

Net GAIN 16%


Thanks Team Obama!

:clap2:
 
Well geez, I always thought those nasty terrorists were glad when Pres. Obama was elected because apparently he loves them so much. Guess that isn't the case, huh?

Btw, kudos to law enforcement for stopping this before it happened, huh?
 
Dow Jones George Bush entered office 10750
Dow Jones: George Bush left office 8150

Net LOSS 32%

Dow Jones Barack Obama entered office 8150
Dow Jones: Today 9682

Net GAIN 16%


Thanks Team Obama!

:clap2:
And, as I said, only the simpleminded use the stock market to say the economy is rosy.
 
Last edited:
By all means Thank You Team Obama!

Nice overall trends showing a rising economy!


:clap2:
Declining GDP and down from last year.

Construction spending down 11% from last year.

Durable goods still decflining.

Retail sales down 8% from last year.

Manufacturing and trade inventories and sales down 12% from last year.

Wholesale inventories and sales down 19% from last year.

Housing starts down 30% from last year.

Housing sales down 3.4% from last year.

Personal income down.

Trade deficit up.

(vide supra)



Now, the source for your leading indicator which leads you to think all is so rosy?
"hope" "change" "YES WE CAN!!!"
Indeed. The Department of Commerce reports on economic indicators show all are pretty dismal. But put on those rose glasses and saddle up your unicorn - all is peachy.
 

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