Cement might as well be gold in places like Saudi Arabia and across many sectors in Asia. The Saudi King will invest hundreds of millions of dollars in creating new cement production facilities in what they are calling a “crisis” of supply in the country. The King has also authorized the importation of more than [...]
Now that we are seeing some interesting investment by businesses in technology and new innovative products, we may run some of them from time to time. A source of ours made us aware of the item in the picture to the right, the Concrete Canvas Shelter. A short 2:30 video gives you an idea of [...]
There isn’t a lot of news to tell on the long-term impact of a weaker US dollar. Economic activity is volatile enough that we don’t have a great idea of what to expect for the dollar moving forward. However, a drop in the dollar today helped to boost
Those of you who have been with us a while know that we track the Baltic Dry Index closely and that it has been hit hard since the spring of 2009 with an overcapacity issue. We have seen a slight improvement in the index over the past quarter albeit slow. The chart at right from Bloomberg [...]
The Durable Goods Orders for March were a mixed bag of sorts. The highlights below from our friends at TranSystems provides an executive summary of the findings: Total orders fell 4.2%, the largest drop in three years. But, [This content is for MEMBERS ONLY. Please click Subscribe in the upper right corner to continue.]
In today’s Whirlpool earnings report, the company did warn that sales for the rest of the year will likely be a bit weaker than expected. That doesn’t fit with what we saw in the forecast from the Industrial Production Index released last week – showing that Durable Consumer Goods would grow annually at 17.6%. Some [...]
The Defense Logistics Agency is the body responsible for making sure that the military troops working worldwide have the resources they need to survive, thrive, and fight if necessary. As part of a normal procurement procedure, the DLA posted a purchase order for Potassium Iodide. This pill is used to fight radiation exposure. The pill [...]
We wrote last week about the pending launch of a 3-stage ballistic missile (North Korea deems it to be a multi-stage space rocket delivering a satellite). North Korean officials have given the ‘all clear’ on the rocket and are ready to load the “satellite” aboard it. The launch is reportedly to take place between the [...]
We see the headline stories regarding drought throughout the southwest – especially in Texas – and think about some of the most immediate impacts. But, a report issued today by the Texas Forestry Service (reported by Reuters) says that at least 500 million trees in the state may have been killed in the drought this [...]
We haven’t touched on H5N1 in quite a while because frankly, health authorities have figured out how to rapidly cull bird populations to help control the spread of the virus. However, new outbreaks have popped up inChina,India, and parts of Southeast Asia recently – as well as theMiddle East. It may be that the virus [...]
