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Are we seeing demand dry up? This is what I hypothesize. The latest manufacturing and industrial numbers are in for the US and they were down in the month of September. This is the second month in a row we saw a negative print.
In this video I discuss how we are seeing a demand issue enter the picture. The unfilled orders keep going down yet so it output. This is what the Univ. of Michigan Consumer Sentiment was telling us since the Spring.
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