ST Alpha - "that credit suisse demand forecast is u-g-l-y...." (Reading a Post)

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In response to "Oil falls to below $60 a barrel -- (link)" by DaneDukeNuuk

that credit suisse demand forecast is u-g-l-y....

Posted by x (aka dmuck) Nov 4 '08, 03:25

they forecast global demand to drop to 300kbd y-o-y, which would be the sharpest drop in a quarter century. they also moved their previous forecast for chinese dmeand growth from 4% to 0.2%. the global recession is on.

Responses:

well it all helps - DaneDukeNuuk Nov 4, 04:20
I love sunshiney hyde in the morning. - ty97 Nov 4, 03:28 1
- that's just a HUGE cutback on china. and given that china at this point is an indicator of manufacturing demand, well.....nm - x Nov 4, 03:44

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that credit suisse demand forecast is u-g-l-y....

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