Bentley Indicator
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<i>"Bentley, schmentley.... where's the Veyron indicator?"</i>
I lived in Parker for a couple of years... downtown Denver in 2000 ~ 2001 used to look like lakeside Chicago with hot autos aligned.
All those gazillion tract houses popping up like pressboard mushrooms at that time are now rotting thru various stages of incompletion on the despoiled prairies. My buddy up in Brush spotted this beauty not long ago. Must be the recession this country is deeply mired in has passed up the front range for now.
I lived in Parker for a couple of years... downtown Denver in 2000 ~ 2001 used to look like lakeside Chicago with hot autos aligned.
All those gazillion tract houses popping up like pressboard mushrooms at that time are now rotting thru various stages of incompletion on the despoiled prairies. My buddy up in Brush spotted this beauty not long ago. Must be the recession this country is deeply mired in has passed up the front range for now.
lollllllllllllll
Update
May 17 (Bloomberg) -- U.S. stocks rose this week, sending the Standard & Poor's 500 Index to the highest level since January, on speculation global economic growth will drive demand for personal computers and fuel.
The S&P 500 extended its rebound from a 19-month low in March to 12 percent. The recovery followed seven interest-rate cuts by the Federal Reserve, which also extended a record $14.4 billion in direct loans to commercial banks to facilitate lending.
May 17 (Bloomberg) -- U.S. stocks rose this week, sending the Standard & Poor's 500 Index to the highest level since January, on speculation global economic growth will drive demand for personal computers and fuel.
The S&P 500 extended its rebound from a 19-month low in March to 12 percent. The recovery followed seven interest-rate cuts by the Federal Reserve, which also extended a record $14.4 billion in direct loans to commercial banks to facilitate lending.
The Nano cars are coming, this must be a sign of the bear market since the little engine can't go up the hill, only down.
http://www.npr.org/templates/story/story.php?storyId=17984516
http://www.npr.org/templates/story/story.php?storyId=17984516
And Renault-Nissan are forming a partnership with an Indian car company to produce a rival.
http://news.bbc.co.uk/2/hi/business/7395643.stm
http://news.bbc.co.uk/2/hi/business/7395643.stm
Interesting because I use to have the exact opposite indicator.
Whenever I could count 1 out of 10 cars per average that were classified as luxury or luxury sport in any middle to upper middle class neighborhood.
the economy usually went into a recession soon after.
I also use to count the number of new condo projects and if that were unusual then expect a recession soon.
Peace out
