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The official narrative of course continues to push the everything is great theme at every opportunity while corporate profits and revenues plunge along with trade data in general as rail, air and shipping volumes plunge globally.  Trends that underscore sharply reduced end user demand compliments of a deflationary credit bust as I have said time and again.  If everything was great as per the official narrative trade would be booming and corporate profits and revenues would be growing steadily.

This is Caleb Lawrence Registered Investment Adviser Inc. Scotts Valley Drive and Willis Road in the Scotts Valley Plaza, Suite 202 or call me toll free at 888-RICH PIG / 888-742-4744.

You can catch me on the radio at noon each business day as well on California’s central coast.  KPIG 107.5 FM in the Monterey Bay or KPYG 94.9 FM in San Luis Obispo.

Advisory services offered through Caleb Lawrence Registered Investment Adviser Inc.

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