Wednesday, April 17, 2013

Broad Market Weakness, Ugly Omens

This first headline suggests that despite all the easy money, even large manufacturers are a bit scrapped for cash and are taking it out of the hides of their suppliers. But this is only going to hurt their suppliers, which are generally much smaller companies. This will hurt their profits and may lead to layoffs. This will only lead to greater weakness. Bad omens all around!