Memang gawat sekali, tetapi market sudah membuat perhitungan seberapa besar
penurunan GDP US.
Kalau sesuai perhitungan = I Told You So, Thak God I Had Prepare
Di Bawah perhitungan = Damn .. it's Sucks
Di atas perhitungan = Well, look's like we have a HOPE

Sekarang tinggal lihat pengumuman nanti malam saja.

U.S. Economy Probably Contracted as Consumer Spending Dropped

By Shobhana Chandra
 [image: Enlarge
Image/Details]<http://www.bloomberg.com/apps/news?pid=photos&sid=aD6b5tEmVC80>

Oct. 30 (Bloomberg) -- The U.S. economy probably shrank in the third quarter
by the most since the 2001 recession just as Americans were deciding how to
cast their ballots in the Nov. 4 elections.

Gross domestic product contracted at a 0.5 percent annual rate from July to
September, according to the median forecast of 75 economists surveyed by
Bloomberg News. The figure, the last major piece of economic data before the
presidential election, compares with growth of 2.8 percent in the previous
three months.

The economic slump coincided with Democratic presidential nominee Barack
Obama<http://search.bloomberg.com/search?q=Barack+Obama&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>'s
lead in public-opinion polls. A Bloomberg/Los Angeles Times survey taken
Aug. 15-18 showed Republican nominee John
McCain<http://search.bloomberg.com/search?q=John+McCain&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>with
42 percent support to Obama's 41 percent; five weeks later, as the
credit crunch deepened, the poll showed Obama leading by 49 percent to 45
percent.

``There are multiple waves converging behind Obama,'' said James
Lucier<http://search.bloomberg.com/search?q=James+Lucier&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>,
a senior political analyst at Capital Alpha Partners.

The Commerce Department's GDP report is due at 8:30 a.m. in Washington;
Bloomberg survey estimates range from a 1.2 percent rate of expansion to a
contraction of 1.9 percent. The Federal Reserve yesterday warned of further
``downside risks' even after cutting interest
rates<http://www.bloomberg.com/apps/quote?ticker=FDTR%3AIND>twice this
month and pumping billions of dollars into markets.

The Commerce Department's report is due at 8:30 a.m. in Washington.
Bloomberg survey estimates ranged from a 1.2 percent rate of expansion to a
contraction of 1.9 percent.

Half-Century Low

The Fed yesterday cut the benchmark interest rate by a half percentage point
to 1 percent, matching a half-century low.

``The intensification of financial-market turmoil is likely to exert
additional restraint on spending, partly by further reducing the ability of
households and businesses to obtain credit,'' the Fed's statement said.
``The pace of economic activity appears to have slowed markedly.''

The National Bureau of Economic Research, the Cambridge, Massachusetts-based
official arbiter of U.S. economic cycles, has yet to call a recession.

The group bases its assessment <http://www.nber.org/cycles.html> on
indicators including GDP, employment, sales, incomes and industrial
production, and usually takes six to 18 months to make a determination.
According to the NBER, the last recession lasted from March to November
2001.

CEOs See Recession

Chief executive officers from Ford Motor Co., Starwood Hotels & Resorts
Worldwide Inc. and Caterpillar Inc. are among those in the past two months
that have said the U.S. is in a recession.

``You might have a two- or three-quarter negative growth and then a slow
pullout,'' General Electric Co.'s Chief Executive Officer Jeffrey Immelt
said in an Oct. 24 Webcast. Government efforts to improve liquidity will
``take a while'' to work. GE's businesses, spanning jet engines, medical
equipment and consumer finance, make it an economic bellwether.

Consumer spending<http://www.bloomberg.com/apps/quote?ticker=GDPCTOT%25%3AIND>,
which accounts for more than two-thirds of the economy, fell at a 2.4
percent pace last quarter, the survey median shows. That would be the first
drop since 1991 and the biggest since 1990.

``It was very much a quarter of transition from growth to a recession,''
said Peter 
Kretzmer<http://search.bloomberg.com/search?q=Peter+Kretzmer&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>,
a senior economist at Bank of America Corp. in New York. ``The fourth
quarter will be weaker. The credit crisis is at the center of everything.''

Appliances, Cookware

Whirlpool Corp., the world's largest appliance maker, this week said it'll
cut 5,000 jobs, and forecast lower annual profit as the credit crunch
clipped sales. Williams-Sonoma Inc., the biggest U.S. gourmet-cookware
chain, yesterday forecast a third- quarter loss because sales slowed
``significantly'' during the past six weeks.

Industry figures
<http://www.bloomberg.com/apps/quote?ticker=SAARTOT%3AIND>showed cars
and light trucks sold at a 12.5 million annual pace in
September, the fewest since 1993. October sales may drop to an 11 million
pace, according to a Deutsche Bank AG estimate.

``These are truly unimaginable times for our industry,'' Robert Nardelli,
chief executive officer of Chrysler LLC, said in a statement last week. The
third-largest U.S. automaker will cut 25 percent of salaried workers and
reduce production.

Home construction, which has
subtracted<http://www.bloomberg.com/apps/quote?ticker=GDP%25RES%3AIND>from
economic growth since the first three months of 2006, probably dropped
again last quarter, economists said.

Trade, which made its biggest
contribution<http://www.bloomberg.com/apps/quote?ticker=GDP%25NETX%3AIND>to
GDP in three decades in the second quarter, probably provided less
support in the last three months, and may continue to moderate as overseas
demand for U.S. goods cools. The U.K. economy contracted in the third
quarter by the most since 1990, while Japan's government acknowledged this
month that the country has probably entered its first recession in six
years.

                        Bloomberg Survey

================================================================
                               GDP Personal  Initial
                            Annual Consump.   Claims
                              QOQ%     QOQ%   ,000's
================================================================

Date of Release              10/30    10/30    10/30
Observation Period            3Q A     3Q A Oct. 25
----------------------------------------------------------------
Median                       -0.5%    -2.4%      475
Average                      -0.6%    -1.9%      474
High Forecast                 1.2%     1.3%      485
Low Forecast                 -1.9%    -3.5%      460
Number of Participants          75       14       41
Previous                      2.8%     1.2%      478
----------------------------------------------------------------
4CAST Ltd.                    0.1%     ---       480
Action Economics             -0.5%     ---       475
AIG Investments              -0.3%     ---      ---
Aletti Gestielle SGR         -0.6%    -3.0%      470
Argus Research Corp.          0.0%     ---      ---
Banc of America Securitie    -0.5%     ---      ---
Bank of Tokyo- Mitsubishi    -0.1%     ---       475
Bantleon Bank AG             -1.0%     ---      ---
Barclays Capital             -0.5%     ---       475
BMO Capital Markets          -1.1%     ---       485
BNP Paribas                  -1.3%     ---       473
Briefing.com                  0.3%     ---       470
CIBC World Markets           -0.7%     ---      ---
Citi                         -0.8%     ---       470
ClearView Economics          -1.9%     ---      ---
Commerzbank AG               -0.8%     ---       470
Credit Suisse                 0.0%     ---       480
Daiwa Securities America     -0.8%     ---      ---
Danske Bank                  -1.2%    -3.2%     ---
DekaBank                     -0.3%    -3.0%     ---
Desjardins Group             -0.3%     ---       485
Deutsche Bank Securities     -1.3%     ---       485
Deutsche Postbank AG         -0.1%     ---      ---
Dresdner Kleinwort           -0.5%     ---      ---
DZ Bank                      -0.8%     ---      ---
First Trust Advisors         -0.3%     ---       482
Fortis                       -0.7%     ---      ---
FTN Financial                -0.9%     ---      ---
Goldman, Sachs & Co.          0.0%     ---      ---
H&R Block Financial Advis    -0.5%    -2.3%      482
Helaba                       -0.5%     ---      ---
Herrmann Forecasting         -0.3%     ---       473
High Frequency Economics     -1.0%     ---       470
IDEAglobal                   -1.0%    -1.1%      475
IHS Global Insight           -0.2%    -3.5%     ---
Informa Global Markets       -0.8%     ---       470
ING Financial Markets        -1.8%     ---       480
Insight Economics            -0.5%     ---       475
Intesa-SanPaulo              -1.1%     ---      ---
J.P. Morgan Chase            -0.5%     ---       475
JPMorgan Private Client      -0.8%     ---       475
Landesbank Berlin            -0.6%     ---       470
Landesbank BW                 0.6%     ---      ---
Maria Fiorini Ramirez Inc    -0.5%     ---       470
Merk Investments             -0.5%    -0.9%     ---
Merrill Lynch                 0.5%     ---       475
MFC Global Investment Man    -1.0%    -1.0%      470
Moody's Economy.com          -0.5%     ---       475
Morgan Keegan & Co.          -1.3%     ---      ---
Morgan Stanley & Co.         -0.6%     ---      ---
National City Corporation    -0.3%    -2.4%     ---
Natixis                      -0.4%    -2.5%     ---
Newedge                      -1.2%    -1.3%     ---
Nomura Securities Intl.      -0.5%     ---      ---
Nord/LB                       0.4%     ---       470
Okasan Securities            -1.5%     ---      ---
PNC Bank                     -1.0%     ---      ---
RBS Greenwich Capital         1.2%     ---      ---
Ried, Thunberg & Co.         -0.5%     ---       475
Schneider Trading Associa     0.1%    -0.9%      460
Scotia Capital               -1.0%     ---       480
Societe Generale              0.0%    -2.5%     ---
Standard Chartered           -1.0%     ---      ---
Stone & McCarthy Research    -0.8%     ---       470
TD Securities                -1.2%     ---       460
Thomson Financial/IFR         0.5%     ---       470
Tullett Prebon               -0.5%     ---       470
UBS Securities LLC           -1.0%     ---       475
Unicredit MIB                 0.5%     ---      ---
University of Maryland       -0.5%     1.3%     ---
Wachovia Corp.               -0.7%     ---       460
Wells Fargo & Co.            -0.8%     ---       475
WestLB AG                    -0.7%     ---      ---
Westpac Banking Co.          -0.5%     ---       480
Wrightson Associates         -0.5%     ---       475
================================================================




2008/10/30, Kidod25 <[EMAIL PROTECTED]>:
>
>   lalu ngapain sampai diturunin 50 bp kalau ga gawat2 amat ...
> jawabannya nanti malam jam 8:30 ...
>
> --- In obrolan-bandar@yahoogroups.com <obrolan-bandar%40yahoogroups.com>,
> "indeks bei3000"
> <[EMAIL PROTECTED]> wrote:
> >
> > Bukannya MARKET sudah ANTISIPASI Pak?
> > Contohnya Pengumuman Fed Rate Cut
> >
> >
> >
> > 2008/10/30, Kidod25 <[EMAIL PROTECTED]>:
> > >
> > > nanti malam ada pengumuman PDB, prediksi jelek seperti consumer
> > > confidence apakah akan di ignore???
> > >
> > >
> > >
> >
>
> 
>

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