Spamdex - Spam Archive

Report spam

Send in your spam and get the offenders listed

Create a rule in outlook or simply forward the spam you receive to

Also in

Manufacturing Maladies

Having trouble viewing this email? View it online.
Tuesday, November 3, 2015
Money and Markets
Manufacturing Maladies
by Jon Markman

Dear ,

Jon Markman

Last week brought a frightful Dallas Fed Manufacturing report, which showed manufacturing activity in the region contracting for the 10th straight month. Now, I want to point out that manufacturing activity has been weak across the country.

The clever data analysts over at Bespoke Investment Group figured out a cool way to illustrate this is through the heat map below. In it, they show the five most widely followed regional Fed manufacturing indices and color-coded them based on whether the monthly readings were above or below zero.

On Tuesday came the last of the October releases when the Richmond Fed Manufacturing report came in at -1. As shown by the red shading in the graphic, all five of September's and October's reports came in below zero, which hasn't happened since the last recession in 2009. Anytime you have to go back to the last recession to find a similar occurrence of something happening, it should be of concern, Bespoke notes.

The big caveat this time around, though, is that unlike in 2008 when manufacturing was collapsing along with housing, employment, and overall confidence, in the current period manufacturing is closer to being an odd man out than a representative sample of overall economic activity, Bespoke analysts observe. Still, it's worth a spot in the back of your mind.

Profits Recessions

When you look at the manufacturing data, and combine it with generally weak corporate earnings reports outside big tech, you have to wonder why the Fed seems to be in such a hurry to raise rates.

When the Dow Hits 31,000 ...

We are on the cusp of the most profitable bull market of our lifetime. Stocks will be driven higher by powerful global undercurrents that Wall Street will either ignore or fail to understand. As the Dow doubles, some stocks will see explosive gains of 300%, 400%, 500% and more. Savvy investors who make the right moves will become very rich! Click here for my free report and to find out how it could make you rich beyond your dreams. –Larry

Internal Sponsorship

TIS Group analysts noted in a report last week that corporate earnings are in danger of declining for two consecutive quarters. The Fed has not raised rates during a profits recession and that is what the U.S. is facing now, the TIS analysts argue. Profits recessions are followed by corporate cost-cutting, job losses, reduced cap-ex, facilities consolidations and closures.

These are some of the signals a U.S. recession is unfolding and we are in place already. Consider that 3M just axed 1,500 jobs, cap-ex in oil producing parts of the country is evaporating and job losses accelerating. Even Wal-Mart (WMT), long the bastion of earnings health, can't hack it.

What we are really seeing is reduced demand in so many dimensions, and that is leading companies to spend more to capture more customers and hold off on hiring. Add the higher dollar, and you can see why margins are being gnawed away.

Profits recessions don't necessarily lead to full-blown economic recessions, but they sure don't help, especially as the effects of zero interest rates and massive injections of credit wear off.

This is an environment at the very least where scale matters most, which is why we are seeing so many big mergers and also why we are seeing large companies outpace the success of small ones. It's an environment where the Amazon.coms and Microsofts of the world can still succeed, but fewer and fewer others.

As the TIS Group analysts conclude, and I would echo, can the Fed really hike in this environment?

Best wishes,

Jon Markman

P.S. Mike Larson explains in this just-released report the NINE signs a new bear market is ALREADY unfolding, and how you can use it to your advantage in "Profiting from the Return of the Bear Market."

But hurry! Click this link to watch this video. It's only online for a short time!

The investment strategy and opinions expressed in this article are those of the author's and do not necessarily reflect those of any other editor at Weiss Research or the company as a whole.

Have comments? Tell Us!

Facebook Twitter Linkedin YouTube Pinterest

About Money and Markets
For more information and archived issues, visit
Money and Markets is a free daily investment newsletter published by Weiss Research, Inc. This publication does not provide individual, customized investment or trading advice. All information is based upon data whose accuracy is deemed reliable, but not guaranteed. Performance returns cited are derived from our best estimates, but hypothetical as we do not track actual prices of customer purchases and sales. We cannot guarantee the accuracy of third party advertisements or sponsors, and these ads do not necessarily express the viewpoints of Money and Markets or its editors. For more information, see our Terms and Conditions. View our Privacy Policy. Would you like to unsubscribe from our mailing list? To make sure you don't miss our urgent updates, just follow these simple steps to add Weiss Research to your address book.

Attention editors and publishers! Money and Markets teaser content may be republished with a link to the full story on Such republication must include attribution with a link to the MoneyandMarkets home page as follows: "Source:"

Money and Markets: A Division of Weiss Research, Inc. |
4400 Northcorp Parkway | Palm Beach Gardens, FL 33410 | 1-800-393-0189


All titles, content, publisher names, trademarks, artwork, and associated imagery are trademarks and/or copyright material of their respective owners. All rights reserved. The Spam Archive website contains material for general information purposes only. It has been written for the purpose of providing information and historical reference containing in the main instances of business or commercial spam.

Many of the messages in Spamdex's archive contain forged headers in one form or another. The fact that an email claims to have come from one email address or another does not mean it actually originated at that address! Please use spamdex responsibly.

Yes YOU! Get INVOLVED - Send in your spam and report offenders

Create a rule in outlook or simply forward the junk email you receive to | See contributors

Google + Spam 2010- 2017 Spamdex - The Spam Archive for the internet. unsolicited electric messages (spam) archived for posterity. Link to us and help promote Spamdex as a means of forcing Spammers to re-think the amount of spam they send us.

The Spam Archive - Chronicling spam emails into readable web records index for all time

Please contact us with any comments or questions at Spam Archive is a non-profit library of thousands of spam email messages sent to a single email address. A number of far-sighted people have been saving all their spam and have put it online. This is a valuable resource for anyone writing Bayesian filters. The Spam Archive is building a digital library of Internet spam. Your use of the Archive is subject to the Archive's Terms of Use. All emails viewed are copyright of the respected companies or corporations. Thanks to Benedict Sykes for assisting with tech problems and Google Indexing, ta Ben.

Our inspiration is the "Internet Archive" USA. "Libraries exist to preserve society's cultural artefacts and to provide access to them. If libraries are to continue to foster education and scholarship in this era of digital technology, it's essential for them to extend those functions into the digital world." This is our library of unsolicited emails from around the world. See Spamdex is in no way associated though. Supporters and members of Helping rid the internet of spam, one email at a time. Working with Inernet Aware to improve user knowlegde on keeping safe online. Many thanks to all our supporters including Vanilla Circus for providing SEO advice and other content syndication help | Link to us | Terms | Privacy | Cookies | Complaints | Copyright | Spam emails / ICO | Spam images | Sitemap | All hosting and cloud migration by Cloudworks.

Important: Users take note, this is Spamdex - The Spam Archive for the internet. Some of the pages indexed could contain offensive language or contain fraudulent offers. If an offer looks too good to be true it probably is! Please tread, carefully, all of the links should be fine. Clicking I agree means you agree to our terms and conditions. We cannot be held responsible etc etc.

The Spam Archive - Chronicling spam emails into readable web records

The Glass House | London | SW19 8AE |
Spamdex is a digital archive of unsolicited electronic mail 4.9 out of 5 based on reviews
Spamdex - The Spam Archive Located in London, SW19 8AE. Phone: 08000 0514541.