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Welcome to the first edition of the No @#$% Sherlock Report!
July 9, 2015
IMF lowers global growth forecasts, cites U.S. weakness
The IMF said the market crash suggests China could face difficulties as it tries to move from an investment-led economic growth model to one focused on domestic consumption.
What? China's lowly compensated factory workers could have a difficult time transitioning to domestic consumers without the help of an endlessly parabolically growing stock market? Well, knock me over and stick a feather up my bottom. That's sure news to me!
Thursday: Unemployment Claims
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Mortgage rates as of Monday (a little lower on ...
14 hours ago
6 comments:
Not printing enough CONSUME posters?
Rob Dawg,
Protect His Future: Buy and Keep Stuff ;)
I think it's safe to say we're closer to the next recession today than we were at this time last year. That is unless the Fed has permanently ended recessions.
mab,
I think it is also safe to say that we're closer to Christmas advertisements than we were at this time last year.
Based on the strength and resiliency of this economy, I'm surprised the ads aren't already here, lol. Sigh.
I think it's safe to say Eddie Lampert is a genius. Every day is black Friday at Sears. Everything in the store is a loss leader!
When genius fails, lol!
mab,
"Departed" + "Mental" + "Stores"
The real reason Eddie's having such a hard time is that nobody wants to shop at morgues filled with his recently departed crazy people. ;)
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