Impact on busniess

Discussion in 'Too Hot for Swamp Gas' started by g8orbill, Aug 27, 2013.

  1. g8orbill

    g8orbill Gators VIP Member

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  2. GatorNorth

    GatorNorth Premium Member Premium Member

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    I think you're one of the more intellectually consistent posters on Too Hot but do you think that your buyer didn't factor that into his price? Our markets tend to still be pretty efficient so you were paying for it either way, but at least avoided the hassle.
  3. gatordowneast

    gatordowneast Well-Known Member

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    Durable goods orders came in down 7.0% in July. Which is awful. Probably best barometer of business outlook. Which means we have had a 5th straight summer of recovery with no recovery. Clearly Obamacare is a huge drag on "full time" hiring. What has not been mentioned as much is that it has been a "sea anchor" on our entire economy. The uncertainty is freezing activity and investment.

    http://finance.yahoo.com/news/durable-goods-orders-mimic-recession-125519549.html

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