JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER.
1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-SEPTEMBER 25,2015-12:00AM
DOW MARKET FRIDAY-SEPT 25,2015
09:30AM-187.81
10:00AM-190.81
10:30AM-170.91
11:00AM-195.89
11:30AM-200.37
12:00PM-191.35
12:30PM-189.31
01:00PM-212.93
01:30PM-227.26
02:00PM-225.85
02:30PM-157.94
03:00PM-91.63
03:30PM-88.09
04:00PM-113.36 + 16,314.67
HIGH +263 LOW +38
TSX +39.90 13,378.57 - GOLD -$8.50 $1,145.50 - OIL +$0.69 $45.60
U.S. stocks end week with a whimper, book weekly loss-Published: Sept 25, 2015 4:07 p.m. ET-market watch-By Anora Mahmudova-Reporter
U.S. stocks ended the week with a whimper, turning big opening gains into losses by the end of the session Friday. A sharp selloff in biotech and health-care stocks spread to broader markets. The S&P 500 SPX, -0.05% closed less than a point lower at 1,931.34 and booked a 1.4% weekly loss. The Dow Jones Industrial Average DJIA, +0.70% was able to hold on to a daily gain, buoyed by a 9% jump in Nike Inc. NKE, +8.89% The blue-chip index closed 113.35 points, or 0.7%, higher at 16,314.67 and declined 0.4% over the week. The Nasdaq Composite COMP, -1.01% ended the day down 47.98 points, or 1%, at 4,686.50 and posted a 2.9% weekly loss.
YELLENS TEXT OF SPEECH-RATE INCREASE THIS YEAR YET
http://www.bloomberg.com/news/articles/2015-09-24/yellen-s-speech-on-inflation-fed-policy-text-
Yellen Says She Still Expects Rate Increase This Year-Christopher Condon Jeanna Smialek-Updated on September 24, 2015 — 6:00 PM EDT-BLOOMBERG
Federal Reserve Chair Janet Yellen said the U.S. central bank is on track to raise interest rates this year, even as she acknowledged that economic “surprises” could lead them to change that plan.“Most FOMC participants, including myself, currently anticipate that achieving these conditions will likely entail an initial increase in the federal funds rate later this year, followed by a gradual pace of tightening thereafter,” Yellen said during a speech Thursday in Amherst, Massachusetts. “But if the economy surprises us, our judgments about appropriate monetary policy will change.”Yellen, 69, spoke a week after the Federal Open Market Committee left its benchmark federal funds target near zero, saying "recent global economic and financial developments" might damp growth and inflation in the U.S. Concerns over a slowdown in China following a surprise Aug. 11 devaluation of the yuan triggered turmoil in financial markets and raised questions about the outlook for the global economy.While “there wasn’t anything significant enough that changed in one week for her to give us a different take,” said Tom Porcelli, chief U.S. economist at RBC Capital Markets LLC in New York, Yellen “finally acknowledges that she, specifically, does believe that a rate hike is appropriate this year.”Porcelli expects a December increase, but thinks there’s a high hurdle to moving this year.Slower demand from China, where growth is projected to drop below 7 percent this year, has helped push down commodity prices, sapping already low inflation in the U.S. The Fed’s preferred gauge of price pressures rose 0.3 percent in the year through July and has been under its 2 percent target since April 2008.-Fading Headwinds-“We cannot be certain about the pace at which the headwinds still restraining the domestic economy will continue to fade,” Yellen said in her remarks Thursday. “Recent global economic and financial developments highlight the risk that a slowdown in foreign growth might restrain U.S. economic activity somewhat further.”The Fed has been forced to weigh headwinds against signs of continued growth in the domestic economy. U.S. employers have added 1.7 million jobs to payrolls this year, pushing unemployment down to 5.1 percent in August, its lowest in more than seven years.“On balance the economy is no longer far away from full employment,” Yellen said in her speech. “In contrast, inflation has continued to run below the Committee’s objective over the past several years, and over the past 12 months it has been essentially zero.”Yellen highlighted that inflation expectations have remained well-anchored, but said that the central bank shouldn’t take it for granted that they will stay that way. She said she thinks “temporary effects” of falling energy and non-energy import prices are the driver behind the tepid inflation, and expects price pressures to rebound barring further decline in crude oil prices and further appreciation in the dollar.
Caterpillar `Bites the Bullet' as Crude Plunge Erodes Sales-Sonja Elmquist-Updated on September 24, 2015 — 4:38 PM EDT-BLOOMBERG
The last time Caterpillar Inc. cut thousands of jobs, a mining slowdown was to blame. Now the main culprit is oil, as slumping prices batter drillers.On Thursday, the world’s most valuable machinery producer announced a plan to cut as many as 10,000 jobs, or 9 percent of its workforce, through 2018 as the effects of crude’s collapse ripple through the industry. The measures -- including the second reduction in sales guidance in two months -- represent the biggest round of cuts since 2013, when the company reduced its headcount by 13,000 as sales to metal producers declined along with prices.The announcement marks a capitulation to a prolonged downturn in energy markets, the segment that had helped shield Caterpillar’s earnings as mining slumped and construction growth remained tepid, according to Karen Ubelhart, an analyst at Bloomberg Intelligence in New York.“When they finally went negative in energy, they said ‘we have to bite the bullet’,” Ubelhart said in an interview Thursday. “They basically said in the second quarter they don’t have any backlog. There’s no incoming orders in that segment.”The Peoria, Illinois-based company will cut as many as 5,000 workers this year and another 5,000 by 2018. It reduced a 2015 revenue projection by $1 billion and said sales are expected to drop 5 percent next year as 2016 results will decline across the company’s three largest segments led by “the most significant decline in the oil and gas portion of our energy and transportation segment.”In July, Caterpillar also lowered its sales guidance by $1 billion.Shares Slump-Caterpillar fell 6.3 percent to a five-year low of $65.80, the steepest loss in the Dow Jones Industrial Average. The stock has lost 28 percent this year, the biggest annual drop since 2008. The MSCI Emerging Markets Index has fallen 18 percent in 2015 while the Dow is down 9.8 percent.The consolidation may affect more than 20 plants, part of a plan that will save about $1.5 billion of operating costs annually and cost about $2 billion pre-tax, it said.Headcount was 111,247 in the second quarter. The elimination of 13,000 jobs in 2013 marked a 5.5 percent reduction at the time, according to data compiled by Bloomberg.‘ Doomsday’ Envelope-“They’ve finally opened up the manila envelope that says ‘doomsday’ on it and they’re executing the plan that they hoped they would never have to execute,” Sameer Rathod, a San Francisco-based analyst at Macquarie, said by telephone. “The fog of war is very thick right now and no one knows what the shape of the downturn looks like or any shape of the recovery.”Caterpillar is reorganizing only four years after making its biggest acquisition ever, spending $7.5 billion on Bucyrus International Inc., to expand into mining equipment, as it faces what it says is the first four-year sales decline in its 90-year history.Since the 2011 deal, a slowdown in China has created a glut of metals and coal, leaving Caterpillar’s mining customers with shut down mines and lots full of idled equipment.Now, tumbling oil and gas prices are leading to a similar retreat by drillers, hitting Caterpillar’s business selling energy producers the engines that run their rigs. The number of active oil and natural-gas rigs around the world has averaged 2,472 through Aug. 31, the lowest since 2009, according to data compiled by Bloomberg from Baker Hughes Inc."We are facing a convergence of challenging marketplace conditions in key regions and industry sectors – namely in mining and energy," Caterpillar Chief Executive Officer Doug Oberhelman said in the statement. “While they are the right businesses to be in for the long term, we have to manage through what can be considerable and sometimes prolonged downturns..
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
STOCK MARKET NEWS
http://israndjer.blogspot.ca/2015/09/dow-was-down-51-points-yesterday-no.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-180-points-yesterdayday-2.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-126-points-yesterdaytoday.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-289-points-friday-see-how.html
http://israndjer.blogspot.ca/2015/09/after-fed-says-zero-interest-rate-dow.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-140-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/stocks-in-america-up-228-points.html
http://israndjer.blogspot.ca/2015/09/no-shemitah-day-1-stock-crash-stocks.html
http://israndjer.blogspot.ca/2015/09/the-shemitahs-here-how-will-world.html
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-SEPTEMBER 25,2015-12:00AM
DOW MARKET FRIDAY-SEPT 25,2015
09:30AM-187.81
10:00AM-190.81
10:30AM-170.91
11:00AM-195.89
11:30AM-200.37
12:00PM-191.35
12:30PM-189.31
01:00PM-212.93
01:30PM-227.26
02:00PM-225.85
02:30PM-157.94
03:00PM-91.63
03:30PM-88.09
04:00PM-113.36 + 16,314.67
HIGH +263 LOW +38
TSX +39.90 13,378.57 - GOLD -$8.50 $1,145.50 - OIL +$0.69 $45.60
U.S. stocks end week with a whimper, book weekly loss-Published: Sept 25, 2015 4:07 p.m. ET-market watch-By Anora Mahmudova-Reporter
U.S. stocks ended the week with a whimper, turning big opening gains into losses by the end of the session Friday. A sharp selloff in biotech and health-care stocks spread to broader markets. The S&P 500 SPX, -0.05% closed less than a point lower at 1,931.34 and booked a 1.4% weekly loss. The Dow Jones Industrial Average DJIA, +0.70% was able to hold on to a daily gain, buoyed by a 9% jump in Nike Inc. NKE, +8.89% The blue-chip index closed 113.35 points, or 0.7%, higher at 16,314.67 and declined 0.4% over the week. The Nasdaq Composite COMP, -1.01% ended the day down 47.98 points, or 1%, at 4,686.50 and posted a 2.9% weekly loss.
YELLENS TEXT OF SPEECH-RATE INCREASE THIS YEAR YET
http://www.bloomberg.com/news/articles/2015-09-24/yellen-s-speech-on-inflation-fed-policy-text-
Yellen Says She Still Expects Rate Increase This Year-Christopher Condon Jeanna Smialek-Updated on September 24, 2015 — 6:00 PM EDT-BLOOMBERG
Federal Reserve Chair Janet Yellen said the U.S. central bank is on track to raise interest rates this year, even as she acknowledged that economic “surprises” could lead them to change that plan.“Most FOMC participants, including myself, currently anticipate that achieving these conditions will likely entail an initial increase in the federal funds rate later this year, followed by a gradual pace of tightening thereafter,” Yellen said during a speech Thursday in Amherst, Massachusetts. “But if the economy surprises us, our judgments about appropriate monetary policy will change.”Yellen, 69, spoke a week after the Federal Open Market Committee left its benchmark federal funds target near zero, saying "recent global economic and financial developments" might damp growth and inflation in the U.S. Concerns over a slowdown in China following a surprise Aug. 11 devaluation of the yuan triggered turmoil in financial markets and raised questions about the outlook for the global economy.While “there wasn’t anything significant enough that changed in one week for her to give us a different take,” said Tom Porcelli, chief U.S. economist at RBC Capital Markets LLC in New York, Yellen “finally acknowledges that she, specifically, does believe that a rate hike is appropriate this year.”Porcelli expects a December increase, but thinks there’s a high hurdle to moving this year.Slower demand from China, where growth is projected to drop below 7 percent this year, has helped push down commodity prices, sapping already low inflation in the U.S. The Fed’s preferred gauge of price pressures rose 0.3 percent in the year through July and has been under its 2 percent target since April 2008.-Fading Headwinds-“We cannot be certain about the pace at which the headwinds still restraining the domestic economy will continue to fade,” Yellen said in her remarks Thursday. “Recent global economic and financial developments highlight the risk that a slowdown in foreign growth might restrain U.S. economic activity somewhat further.”The Fed has been forced to weigh headwinds against signs of continued growth in the domestic economy. U.S. employers have added 1.7 million jobs to payrolls this year, pushing unemployment down to 5.1 percent in August, its lowest in more than seven years.“On balance the economy is no longer far away from full employment,” Yellen said in her speech. “In contrast, inflation has continued to run below the Committee’s objective over the past several years, and over the past 12 months it has been essentially zero.”Yellen highlighted that inflation expectations have remained well-anchored, but said that the central bank shouldn’t take it for granted that they will stay that way. She said she thinks “temporary effects” of falling energy and non-energy import prices are the driver behind the tepid inflation, and expects price pressures to rebound barring further decline in crude oil prices and further appreciation in the dollar.
Caterpillar `Bites the Bullet' as Crude Plunge Erodes Sales-Sonja Elmquist-Updated on September 24, 2015 — 4:38 PM EDT-BLOOMBERG
The last time Caterpillar Inc. cut thousands of jobs, a mining slowdown was to blame. Now the main culprit is oil, as slumping prices batter drillers.On Thursday, the world’s most valuable machinery producer announced a plan to cut as many as 10,000 jobs, or 9 percent of its workforce, through 2018 as the effects of crude’s collapse ripple through the industry. The measures -- including the second reduction in sales guidance in two months -- represent the biggest round of cuts since 2013, when the company reduced its headcount by 13,000 as sales to metal producers declined along with prices.The announcement marks a capitulation to a prolonged downturn in energy markets, the segment that had helped shield Caterpillar’s earnings as mining slumped and construction growth remained tepid, according to Karen Ubelhart, an analyst at Bloomberg Intelligence in New York.“When they finally went negative in energy, they said ‘we have to bite the bullet’,” Ubelhart said in an interview Thursday. “They basically said in the second quarter they don’t have any backlog. There’s no incoming orders in that segment.”The Peoria, Illinois-based company will cut as many as 5,000 workers this year and another 5,000 by 2018. It reduced a 2015 revenue projection by $1 billion and said sales are expected to drop 5 percent next year as 2016 results will decline across the company’s three largest segments led by “the most significant decline in the oil and gas portion of our energy and transportation segment.”In July, Caterpillar also lowered its sales guidance by $1 billion.Shares Slump-Caterpillar fell 6.3 percent to a five-year low of $65.80, the steepest loss in the Dow Jones Industrial Average. The stock has lost 28 percent this year, the biggest annual drop since 2008. The MSCI Emerging Markets Index has fallen 18 percent in 2015 while the Dow is down 9.8 percent.The consolidation may affect more than 20 plants, part of a plan that will save about $1.5 billion of operating costs annually and cost about $2 billion pre-tax, it said.Headcount was 111,247 in the second quarter. The elimination of 13,000 jobs in 2013 marked a 5.5 percent reduction at the time, according to data compiled by Bloomberg.‘ Doomsday’ Envelope-“They’ve finally opened up the manila envelope that says ‘doomsday’ on it and they’re executing the plan that they hoped they would never have to execute,” Sameer Rathod, a San Francisco-based analyst at Macquarie, said by telephone. “The fog of war is very thick right now and no one knows what the shape of the downturn looks like or any shape of the recovery.”Caterpillar is reorganizing only four years after making its biggest acquisition ever, spending $7.5 billion on Bucyrus International Inc., to expand into mining equipment, as it faces what it says is the first four-year sales decline in its 90-year history.Since the 2011 deal, a slowdown in China has created a glut of metals and coal, leaving Caterpillar’s mining customers with shut down mines and lots full of idled equipment.Now, tumbling oil and gas prices are leading to a similar retreat by drillers, hitting Caterpillar’s business selling energy producers the engines that run their rigs. The number of active oil and natural-gas rigs around the world has averaged 2,472 through Aug. 31, the lowest since 2009, according to data compiled by Bloomberg from Baker Hughes Inc."We are facing a convergence of challenging marketplace conditions in key regions and industry sectors – namely in mining and energy," Caterpillar Chief Executive Officer Doug Oberhelman said in the statement. “While they are the right businesses to be in for the long term, we have to manage through what can be considerable and sometimes prolonged downturns..
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
STOCK MARKET NEWS
http://israndjer.blogspot.ca/2015/09/dow-was-down-51-points-yesterday-no.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-180-points-yesterdayday-2.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-126-points-yesterdaytoday.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-289-points-friday-see-how.html
http://israndjer.blogspot.ca/2015/09/after-fed-says-zero-interest-rate-dow.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-140-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/stocks-in-america-up-228-points.html
http://israndjer.blogspot.ca/2015/09/no-shemitah-day-1-stock-crash-stocks.html
http://israndjer.blogspot.ca/2015/09/the-shemitahs-here-how-will-world.html
