Ho-hum......and on and on it goes,up/down,round and round,follow the leader DOW down,Aussie Down,Japan,Europe,round and round.......nobody knows where the beginning or the end is anymore............
So we better refresh our memories with some GOOD news:
OCTOBER 18, 2011, 3:12 P.M. ET US Industrials Remain Bullish On Outlook The U.S. industrial base is in better shape than many economists feared, with initial third-quarter reports pointing to continued order strength and no sign of the inventory destocking that sent the sector into a tailspin in 2009.
While some end-markets in Europe and North America are seen softening over the next few months, international expansion and growth in sectors such as energy, autos and aerospace remain bright spots that are driving profit growth in tandem with productivity gains.
Industrial equipment stocks were one of the brightest spots Tuesday, with no signs that manufacturers have pulled back on production.
