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Freight carloads continue to slump

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  • Member since
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  • From: Kenosha, WI
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Posted by zardoz on Wednesday, October 2, 2019 10:36 AM

charlie hebdo
We have an idiot in charge of trade and manufacturing. 

We have an idiot in charge, period.

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  • From: Guelph, Ontario
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Posted by Ulrich on Wednesday, October 2, 2019 10:49 AM

zardoz

 

 
charlie hebdo
We have an idiot in charge of trade and manufacturing. 

 

We have an idiot in charge, period.

 

 

 

At least, to their credit, they saw this coming long ago. Why else would they be attempting to lower interest rates when the economy was supposedly on fire? The answer of course is that things aren't nearly as rosey as they're made out to be in the media at times. We in the freight industry have seen this coming for awhile..It will be a downturn, but we're overdue for one anyway as part of a natural economic cycle. 

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Posted by charlie hebdo on Wednesday, October 2, 2019 11:40 AM

zardoz

 

 
charlie hebdo
We have an idiot in charge of trade and manufacturing. 

 

We have an idiot in charge, period.

 

 

Although I agree that our stable genius is unbalanced,  I was referring to Peter Navarro, a fringe adviser in charge of manufacturing,  who keeps insisting everything is fine. 

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Posted by Murphy Siding on Wednesday, October 2, 2019 12:51 PM

Euclid

 

 
charlie hebdo

I do contract work for this sector and demand is dead flat.  I have never seen it this low before.  Prior to this, it slowed way down in the immediate wake of the bursting of the housing bubble.  But today it is as dead as a doornail. 

 

 

For which sector? Manufacturing, that this post refers to, or railroad freight, which the thread refers to?

Thanks to Chris / CopCarSS for my avatar.

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Posted by Euclid on Wednesday, October 2, 2019 1:11 PM

Murphy Siding
 
Euclid

 

 
charlie hebdo

I do contract work for this sector and demand is dead flat.  I have never seen it this low before.  Prior to this, it slowed way down in the immediate wake of the bursting of the housing bubble.  But today it is as dead as a doornail. 

 

 

 

 

For which sector? Manufacturing, that this post refers to, or railroad freight, which the thread refers to?

 

 

For the manufacturing sector.  I do product development design. 

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Posted by charlie hebdo on Wednesday, October 2, 2019 1:11 PM

Murphy Siding

 

 
Euclid

 

 
charlie hebdo

I do contract work for this sector and demand is dead flat.  I have never seen it this low before.  Prior to this, it slowed way down in the immediate wake of the bursting of the housing bubble.  But today it is as dead as a doornail. 

 

 

 

 

For which sector? Manufacturing, that this post refers to, or railroad freight, which the thread refers to?

 

 

They are positively correlated.

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Posted by Euclid on Wednesday, October 2, 2019 1:17 PM

Ulrich
 

 

At least, to their credit, they saw this coming long ago. Why else would they be attempting to lower interest rates when the economy was supposedly on fire? The answer of course is that things aren't nearly as rosey as they're made out to be in the media at times. We in the freight industry have seen this coming for awhile..It will be a downturn, but we're overdue for one anyway as part of a natural economic cycle. 

 

There has been some friction between the Administration and the Fed, with the Administration demanding that the Fed lower interest rates, which would improve the economy.

At the same time, the Administration claims a roaring economy.  One can claim an economy roars, but an actual improvement adds credibility to the claim.  Hence, the call from the Administration for the Fed to lower rates.

However, when the Fed lowers rates, they do so to boost an economy that needs a boost. Roaring economies don’t need a boost. 

So here is the problem:  If the Fed lowers the rate to speed up a slow economy, it sends a signal that the economy needs a boost because it is too slow.  So, while lowering the rate would speed up the economy to bolster the claim that is a roaring economy, it also sends the signal the economy is not roaring.

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Posted by charlie hebdo on Wednesday, October 2, 2019 1:22 PM

Symptomatic doublespeak of an administration marked by prevarication and ignorance. 

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Posted by zardoz on Wednesday, October 2, 2019 2:06 PM

Euclid
There has been some friction between the Administration and the Fed, with the Administration demanding that the Fed lower interest rates, which would improve the economy. At the same time, the Administration claims a roaring economy.......so here is the problem:  If the Fed lowers the rate to speed up a slow economy, it sends a signal that the economy needs a boost because it is too slow......it also sends the signal the economy is not roaring.

I'm getting dizzy from all the spin that spews out of the white house. The only way to tell if the current administartion is lying is if their lips are moving.

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Posted by Electroliner 1935 on Thursday, October 3, 2019 9:09 PM
Euclid
There has been some friction between the Administration and the Fed, with the Administration demanding that the Fed lower interest rates, which would improve the economy. At the same time, the Administration claims a roaring economy.......so here is the problem:  If the Fed lowers the rate to speed up a slow economy, it sends a signal that the economy needs a boost because it is too slow......it also sends the signal the economy is not roaring.

 

I'm getting dizzy from all the spin that spews out of the white house. The only way to tell if the current administartion is lying is if their lips are moving.

 

zardoz

Trump's business has much debt so he profits from low intrerest

 
 

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