Thursday, July 9, 2015

The No @#$% Sherlock Report v.001

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!
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6 comments:

  1. Rob DawgJuly 9, 2015 at 1:12 PM

    Not printing enough CONSUME posters?

    ReplyDelete
  2. Stagflationary MarkJuly 9, 2015 at 1:20 PM

    Rob Dawg,

    Protect His Future: Buy and Keep Stuff ;)

    ReplyDelete
  3. mabJuly 9, 2015 at 3:48 PM

    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.

    ReplyDelete
  4. Stagflationary MarkJuly 9, 2015 at 5:07 PM

    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.

    ReplyDelete
  5. mabJuly 10, 2015 at 3:52 AM

    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!

    ReplyDelete
  6. Stagflationary MarkJuly 10, 2015 at 11:03 AM

    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. ;)

    ReplyDelete