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2
Posted on 7/26/10 at 3:18 pm to kfizzle85
Pseudo deflation = disinflation FWIW, for the scholars.
Posted on 7/26/10 at 3:53 pm to tirebiter
quote:I seriously doubt if "a preponderance of people" would take an anecdote from one company and apply it across the board to the entire economy, but maybe so.....
A preponderance of people would view this scenario as recessionary
If so, why not do the same for Intel's latest results:
quote:LINK
July 13, 2010 - Technology bellwether Intel (INTC) today reported 2010 second quarter earnings results that handily beat analysts’ estimates. According to the company, this was its best quarter ever. For the period, the company reported that revenues rose 34% to $10.765 billion, from $8.024 billion in the year ago period.
This post was edited on 7/26/10 at 3:58 pm
Posted on 7/26/10 at 3:57 pm to LSURussian
quote:
I seriously doubt if "a preponderance of people" would take an anecdote from one company and apply it across the board to the entire economy, but maybe so.....
Instead of belittling the example bring forth what overwhelming majority of companies are experiencing strong revenue growth, profits, and adding significant payroll instead of cutting. I don't think these companies exist.
Posted on 7/26/10 at 3:58 pm to tirebiter
See my edit above.....
Posted on 7/26/10 at 3:59 pm to kfizzle85
quote:
What do you call stagflation - inflation + pseudo deflation, cause that's what it is.
Which is what the current economic malaise is, it certainly isn't a healthy or non-recessionary economy.
Posted on 7/26/10 at 4:00 pm to tirebiter
quote:It may not be 'healthy' but it IS NOT a recession.
it certainly isn't a healthy or non-recessionary economy.
Posted on 7/26/10 at 4:01 pm to LSURussian
Since we're arguing semantics, NBER hasn't declared that it isn't yet, so it is.
Posted on 7/26/10 at 4:02 pm to kfizzle85
quote:I'm not arguing semantics. I'm arguing facts.
Since we're arguing semantics,
Posted on 7/26/10 at 4:05 pm to kfizzle85
quote:Most confusing post.....EVAH!!!
hasn't declared that it isn't yet, so it is.
Posted on 7/26/10 at 4:05 pm to LSURussian
Alright.
Posted on 7/26/10 at 4:16 pm to LSURussian
How many jobs did INTC add during this best quarter ever? What does their book look like for Q3 & 4? Good for them, but I still don't know if it is a momentary blip caused by replacement need caused by deferred capex spending or if it will continue.
If two years from now we are still at 9% unemployment it will still be ugly.
If two years from now we are still at 9% unemployment it will still be ugly.
Posted on 7/26/10 at 4:28 pm to tirebiter
My point is you can't take any one company and extrapolate its results to reflect the entire economy like you tried to do with Harley-Davidson.
I believe there are more U.S. companies having growth in sales than there are having a decline in sales. At least, that has been the results for companies reporting their second quarter's results thus far.
ETA: But I do have to address one question you asked: Anyone who has followed Intel at all knows that INTC has been reducing the number of its employees every year for more than half a decade as they have continued to automate their processes, even while their production and sales have increased by double-digit percents for that same period.
So asking how many employees they have now versus last year is just.....
.
I believe there are more U.S. companies having growth in sales than there are having a decline in sales. At least, that has been the results for companies reporting their second quarter's results thus far.
ETA: But I do have to address one question you asked: Anyone who has followed Intel at all knows that INTC has been reducing the number of its employees every year for more than half a decade as they have continued to automate their processes, even while their production and sales have increased by double-digit percents for that same period.
So asking how many employees they have now versus last year is just.....
.This post was edited on 7/26/10 at 4:58 pm
Posted on 7/26/10 at 4:52 pm to LSURussian
quote:
I believe there are more U.S. companies having growth in sales than there are having a decline in sales. At least, that has been the results for companies reporting their second quarter's results thus far.
I don't know, maybe not. The point is what does it take to come off a period of declining revenue to then post a revenue increase and huge profit due to all the cost cutting in the prior 18-24 months, that is why I am not on the all is well bandwagon. I am not saying you are, just that it's not like increasing sales in a period that has experienced LT economic growth. I do believe the Harley situation is common in today's economy and they may never experience growth anything remotely as good as the period of free credit for all.
Posted on 7/26/10 at 5:01 pm to tirebiter
quote:Please link to one of my posts where I have written that "all is well."
I am not on the all is well bandwagon.
The economy is growing, but slowly. That is what I have been consistently saying.
A recession, by definition, means the economy is contracting.
Posted on 7/26/10 at 5:37 pm to tirebiter
quote:
they may never experience growth anything remotely as good as the period of free credit for all.
nonsense. We will have lots of growth after the US implodes, and we have to rebuild our society.
Posted on 7/26/10 at 5:46 pm to LSURussian
quote:
Please link to one of my posts where I have written that "all is well."
Little selective on the quote cut?? I did write:
quote:
I am not on the all is well bandwagon. I am not saying you are
I would not be off base in saying you are one of the strongest declarers of the end of the recession and strong growth on this board. Definition of recession aside, many aren't buying into improvement until the employment numbers improve. Within this context, growth obviously has to occur to generate better employment but waiting for it to happen is about as enjoyable as watching buzzards pick over a rotten carcass.
Posted on 7/26/10 at 8:12 pm to tirebiter
quote:Ok, I'll try it again, link to any post I've made which says the U.S. is experiencing 'strong growth.'
strong growth on this board.
quote:Is this the first recession you have ever lived through. If so, I'll excuse your ignorance. Hiring and employment are always the last things to recover following a recession.
many aren't buying into improvement until the employment numbers improve.
Always......
Posted on 7/27/10 at 8:06 am to tirebiter
I view it as the same crap becoming higher priced with no added value in a bad economy. Not just bikes, everywhere
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