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Genesis Posts: 71433 Incept: 2007-06-26 
KD^2 
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http://market-ticker.org/archives/1626-O....
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-11-16 08:45:48
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Maxi Posts: 83 Incept: 2009-10-13 Lander, WY
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With the latest report showing almost 15% of Americans on Food Stamps, how does this affect the report? The numbers on Food Stamps continue to increase every month.
2009-11-16 08:53:06
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Tienkou Posts: 3161 Incept: 2007-09-09 
Connecticut Online
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"Food Purchases Up" That's all of us TFs preparing for SHTF..... ---------- Barack Hussein Obama - The last President of the First American Revolution. The US Congress has abdicated its role as a governing body. The most dangerous man is the one with nothing left to lose. Our government is making more of them everyday.
2009-11-16 08:58:08
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Vicious_cycle Posts: 78 Incept: 2009-03-10
Chardon, OH
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Quote:Food purchases were up, which leads one to question whether the so-called "inflation" numbers are real or not (grocery demand is typically stable - so dollar amount typically translates quite cleanly through to inflation in food prices.) I was going to say the same thing Tienkou said. My family went out and stockpiled food (again) last month, replacing what we had worked off from previous reserves. Also, we used to eat out fairly regularly, a practice that has completely stopped. Thus, we buy more food to eat at home. That might account for more food purchases, unless, or course, restaurant purchase are included in "food purchases". Last modified:
2009-11-16 09:05:53 by vicious_cycle
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Genesis Posts: 71433 Incept: 2007-06-26
KD^2
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No, restaurants are a different line item.
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-11-16 09:07:33
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Nuke_engineer Posts: 774 Incept: 2007-08-19 
NC
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They are playing with the numbers to fool the people into thinking there's a real recovery in the works. Corrections of over 100% variance on past numbers shows they are posting a flawed but politically supportive(false?) tracking number to start with, then correcting it 30-60 days later with a running hidden total. Corrections are past history, so they are ignored in investor sentiment. This is an established political practice going back to the Carter years and used by all administrations, but the variance from reality now is greater than ever.
---------- HAL, All trespassers and pigmen vampires must be shot. Survivors will be shot again. I need to buy more ammunition! Scotty, Beam Me Up to the Land of Glass-Stegall! Last modified:
2009-11-16 09:15:24 by nuke_engineer
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Racerjon69 Posts: 4 Incept: 2009-04-29
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“Consumers are looking relatively resilient,” said Michael Feroli, an economist at JPMorgan Chase & Co. in New York, who projected sales would increase 1.3 percent. “They are spending a little more freely, which bodes well for the holiday season. Given the backdrop of the labor market, this is actually as good as one can hope for.” http://www.bloomberg.com/apps/news?pid=2.... Good times are here again!!
2009-11-16 09:16:05
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Doctorbob Posts: 812 Incept: 2009-06-03 Gusher of black gold
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My rumor mill has it that October was a good month at Wal-Mart, compared to November to date. In my area (West Virgina) sales were down a whopping 10% last week; i.e., people are not buying. Store traffic count was down a scary 3%; people are not even coming out to look. I have no idea if last November to-date is a fluke. The weather has been good, and WMT is doing lots of promotion, including lots of reduced items. Perhaps people are saving for Christmas; perhaps higher gasoline prices are discouraging driving. Keep in mind that many Wal-mart customers do not have credit cards, and much of WMT sales go to people who get government checks. This is one reason Wal-Mart seems bullet proof. iGoogle shows WMT's beta = 0.20. I'm not assumming low Christmas sales; people get crazier (stupider) every year. Only a fool shorts Santa.
2009-11-16 09:26:03
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Genesis Posts: 71433 Incept: 2007-06-26
KD^2
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The first week of November has been NASTY BAD around here retail-wise. Multiple observations since the first - it just totally fell apart in the last two weeks. If this is "pent up" for Black Friday, it might not be a disaster.. but those folks better show up on Black Friday, or there are going to be a lot of places that don't even make it through the end of the year. ---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-11-16 09:30:03
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Imaboomerdropout Posts: 163 Incept: 2009-09-13
NY
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Anyone notice: 7oz. can of tuna is now 5oz. 13oz. can of coffe is now 11oz. 32oz mayo is now 30oz. standard paper towel size about 3in. shorter 128oz bleach is now 96oz. 15oz shampoo is now 12oz. Could go on and on but I'd say about 70% of all items are of lesser quantity than a year ago. Question: Does this in any way affect the outcome of this report? It surely looks to me to be inflationary.
2009-11-16 09:34:22
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Randy123 Posts: 2006 Incept: 2008-09-24 New Jersey
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Yes essentially everything you need to live is getting more expensive while everything you don't need goes down in price. Thanks FED
---------- Mliu is my hero. Captain melamine.
2009-11-16 09:42:23
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Nevertoolate Posts: 826 Incept: 2007-08-26
San Antonio de Bexar de runover with illegals, Texas
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Went to newest mall in SA yesterday and couldnt' find a parking space. Like Christmas. Lic. Plates were all from Mexico. And this mall is a Nordstroms/Neimans type mall. Glad they are doing well south of the border.
---------- Vote with your $. Buy Non-Union AMERICAN made products. Before you attempt to beat the odds, be sure that you can survive the odds beating you.The only true "Change YOU can believe in" will be when we get 535 (now 534) new CONgresspeople.
2009-11-16 09:42:56
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Xanares Posts: 1288 Incept: 2008-11-10
London
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Dunno where to put this; just anecdote that in little Denmark windows 7 outperforms vista solidly on new pc sales in the first week of release. (234% more to be precise) Pretty low prices tho.
2009-11-16 10:10:01
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Elkad Posts: 15 Incept: 2009-09-04
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Those construction permits are for people building bomb shelters / food caches under the backyard. The supplies are scavenged from their neighbor's abandoned McMansion, not purchased at Lowes. A guess about Wal-Mart. People in the well-to-do states are shifting there from the delis and boutiques. In West Virginia we understand "poor" means no more wal-mart either, so off to Save-A-Lot and Dollar General we go. Those of us at the government assistance end of the line are feeling it too. If we are buying Kraft in Wal-Mart, its because we saved $100 worth of food stamps buying generic and are now selling them to a slightly-better-off friend for $60 cash. In the well-to-do states, people are still shifting from the delis and boutiques to Wal-Mart, so Wal-Mart is showing a nice gain. I work at a newspaper, so I walked around the warehouse and grabbed all the Black Friday ads for my local area 2 weeks early. Showed some friends who work at various retail places the ads too. Conclusion. The sales suck (other than the loss-leader items, which have been ordered in even thinner quantities than ever). Delivered quantities are down too. At at least one place, the assistant manager has gotten instructions that some items on the sale paper won't even be delivered, so they are just to say they are "sold out" already. Problems buying them at the expected price from suppliers?
2009-11-16 10:10:19
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Bagbalm Posts: 979 Incept: 2009-03-19
Just North of Detroit
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7oz. can of tuna is now 5oz. And they have finally shifted it to where one can does not make tuna salad sandwiches for two. I've had to go to the bigger can and we usually have some left over. I wonder how many shifts like that happen or how many just don't buy a candy bar in the morning anymore because the last time they had one it didn't carry them to lunch?
2009-11-16 10:23:08
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Nuke_engineer Posts: 774 Incept: 2007-08-19
NC
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The lies will have to get bigger for November because sales historically ramp up in November and December as compared to the rest of the year. The big unknown is whether "Black Friday" will actually be truly black or whether it will be a "Red Friday" for the retail industry. My bet is the government economic misinformation team will be in full overdrive until after the election, takes a long holiday break until after New Year's and then at the beginning of the year all the SHTF.... ---------- HAL, All trespassers and pigmen vampires must be shot. Survivors will be shot again. I need to buy more ammunition! Scotty, Beam Me Up to the Land of Glass-Stegall! Last modified:
2009-11-16 10:30:35 by nuke_engineer
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Striker754 Posts: 142 Incept: 2009-07-09
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Walmart here is pulling fast ones on people. Larger items are costing more per unit than smaller ones. Trying to catch people offguard?
2009-11-16 10:33:19
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Bogey Posts: 728 Incept: 2008-03-12
Montana
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Quote:Could go on and on but I'd say about 70% of all items are of lesser quantity than a year ago. Time for a new term to round out the nomenclature: disdeflationary.
2009-11-16 10:34:56
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Aja Posts: 2209 Incept: 2008-03-19
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Rather than black or red Friday, it may at best be break even Friday
2009-11-16 10:36:34
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Maxi Posts: 83 Incept: 2009-10-13 Lander, WY
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I expect that the malls will be full of people, but not shoppers. People will use it as therapy, as their spirits could be raised by merely looking and listening to the holiday music. It sounds simple, but people enjoyed simple things during The Great Depression. The sad part is that I expect the suicide rate - always highest during the Holiday Season - to rise significantly over the next few years.
2009-11-16 10:44:01
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Fidgit Posts: 14065 Incept: 2008-02-18
AllyBammy Online
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Quote:People will use it as therapy, as their spirits could be raised by merely looking and listening to the holiday music. Yep. As utterly po' young marrieds, we did this every year :) ---------- I say it's spinach, and I say the hell with it.
2009-11-16 10:48:34
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Imaboomerdropout Posts: 163 Incept: 2009-09-13
NY
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Bag, a little breadcrumbs added will do the trick with the tuna. Fid, watch out for the flu in crowded malls this year. Won't be much of a comforting therapy if you catch it when you could had avoided it. Yeah, Black Friday is going to be great alright.
2009-11-16 11:12:08
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Pauperbear Posts: 1407 Incept: 2008-01-22
norwalk, ct
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Karl, how do you square improving retail sales with decreasing sales tax receipts? Wouldn't it imply that the sales figures are being gamed?
---------- The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is. Winston Churchill
2009-11-16 11:28:43
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Markgoldman Posts: 325 Incept: 2009-01-13
Canuckistan
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230G bag of Lays is now 215G, happened when they changed the packaging (thats your clue to check for other changes). 750G Yogurt tubs are now showing up as 650G tubs, same price. And on and on, happening faster than ever though. I buy as Bulk as possible and haven't seen them try and short those...yet. Apparently this also has something to do with consumer psychology, we associate certain products as costing X amount and when the price stays the same but the packaging shrinks to reflect inflation we accept this more readily than an increase in price. ---------- Healthcare: “It's the Pac-Man. It's eating everything else in people's budgets.” -Don Drummond TD Chief Economist on Canadian Healthcare hitting 11.9 per cent of GDP for 2009.
2009-11-16 11:35:30
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Beango Posts: 233 Incept: 2009-06-05
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Lowes 3Q profit down 30%...ouch http://www.marketwatch.com/story/housing.... ---------- Welcome, to Entitlement Island
2009-11-16 11:53:33
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