InvestorsHub Logo
Followers 4
Posts 838
Boards Moderated 0
Alias Born 04/13/2015

Re: Implanting post# 5319

Thursday, 04/27/2017 12:58:43 PM

Thursday, April 27, 2017 12:58:43 PM

Post# of 19260
That 2% annual growth projection is a joke. We will have to get close to 3% the next three quarters to avg. 2% growth if Q1 is close to zero. There will be a lot of layoffs when the retail closings accelerate. I am in the camp that the jobs reports from here on out will get worse. I am also keeping my eye out on the auto sector the rest of the year. If the subprime auto loans are as bad as I am reading and used car prices are coming way down, it will be interesting to see new car sales number the next three quarters. Will we get layoffs in the auto industry? Gold is still above $1250 and still within striking distance of that trend line from it's $1900 peak. Once it gets above $1291 and can hold above that line we are sitting pretty.