Monday, May 02, 2016 1:16:18 AM
Careful what you wish for with that...
Lower Amazon to about a 10 p/e from
over 60 and lower Ebay to about 3 p/e
from around 12 with balanced imports and
exports resulting in lower amounts of
cheap goods coming into US to buy...
http://www.amazon.com/gp/help/customer/display.html/?
nodeId=201074230
http://finance.yahoo.com/q?s=amzn&ql=1
http://finance.yahoo.com/q?s=ebay&ql=1
Shuttle a lot of West Coast dock workers'
jobs when you get imports lowered enough...
The Transport Index already looks weak
under the lower oil price phase than it
might for some reason...
http://finance.yahoo.com/q/cp?s=%5ETRAN+Components
Take out last week's pump of international
shippers without much data improvement
in other countries and Trans Index would
have looked even weaker...
In summary of an economic thesis...
A lower, working class buying cheaper,
foreign goods may not buy more expensive
products at home if they just can't
afford them...
The thesis also includes foreign
buyers of imported products...LJ
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