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Stocks Surge To Celebrate Unprecedented 19th Sequential Equity Outflow, $10 Billion In September Redemptions
It is beyond a joke now: ICI's latest data discloses that in the week ended September 8, domestic funds saw outflows of $2.2 billion, following last week's massive $7.7 billion. And yes, ETFs experienced outflows as well. So far September has experienced nearly $10 billion in outflows, even as the market has ramped by over 6%. Who is buying this shit? Just ask The New York Fed and Citadel: they may have a few pointers (wink wink). This is the 19th sequential outflow from US stocks, and amounts to $65 billion in redemptions for the year. With the market pretty much unchanged YTD, it means that mutual funds can not resort to capital appreciation as a substitute to outflows, and most are on their last breath (Janus: blink twice if you are still alive please). The kicker: the S&P is at the level it was when the outflows began back during the flash crash. If that doesn't restore all your confidence that Uncle Sam will be so good at managing the market (just like he has done with everything else), nothing else will. Throw in a little HFT, a little subpennying, a little Flash trading, a little DMA trading, a little quote stuffing, a little hedge fund clubbing, a little specialist front running, a little daily flash crash in big caps like Nucor Steel, and you can see why next week we will most certainly have our first inflow in 20 weeks. Or not. It doesn't matter. Nobody that is made of carbon, or who doesn't already have direct access to the Fed for zero cost funding, is trading stocks anymore.
Weekly YTD outflows:
Cumulative YTD outflows:
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it's still a joke, we're just the butt of it
When you're forced to transact business directly at the DMV, do you think the fat, ugly slobs behind the counters could possibly give a shit what negative & disparaging opinions others may have of them? I've got news for you - surprise! - they are way, way beyond caring.
As has been mentioned before, large organizational bureaucracies, whether public or private, at a certain point become self-aware and operate only for the benefit of themselves. So too the various Fed, Treasury and other private/public partnerships concocted to either (you choose): (a) attempt to ameliorate & fix our current, ahem "problems"; or (b) help optimize & maximize further looting & raping.
One can only guess the total employment levels ensconced amongst the various tranches now completely dependent on current administration policies. Whether or not their actions are obvious, transparent and completely absurd doesn't even begin to enter into the equation.
It's all about job security & preservation. There's probably not 5% of the people engaged in these market manipulations who don't think for a second that it's not gonna work. However, given the context of continuing to make mortgage payments, sending wifey off to the gym, and generally keeping up appearances with fellow alumni trumps all rational behavior.
Word to the wise - watch what the real rats (Rattus norvegicus) are doing. They never concern themselves with politics (aka misdirection), just survival.
that's what I love about your posts B9, your utter disdain for these people. It makes me feel... well, human.
http://www.youtube.com/watch?v=9hBVnfzoBVY
That's a good one!
I have the whole video posted on my blog (6th one down)....along with 99 others!
http://yophat.blogspot.com/2010/07/behind-curtain-peeling-onion.html
Gman has pretty much interviewed them all. Especially like his interview with Yuri Bezmenov...
http://www.youtube.com/watch?v=dE38dLxapVo
Thanks, I'll take a look.
If you like books....the latest post has over 300 recommendations with links to free internet versions on fairly good amount. Kill Zone by Craig Roberts (3rd one down) is a good one on the JFK era!
Also try to keep good handle on alternative news feeds on the right side....followed by the blogs.
Enjoy!
Why is he reading from a script in his lap?
Thanks for the video. This guy goes all the way back to the 1930's.
(Rattus norvegicus)
Could you identify this rat with more specificity? All I can think of is a rat who likes lutefisk (norVEGian).. Of course, a hedge fund manager with a Swedish surname coaches my son's football team..
treble negative? at IQ 139 I dont consider myself stupid but am not sure what youre trying to say here, could you possibly rephrase old chap?
I'll take a stab:
Or, "There's probably only about 5% of the people engaged in these market manipulations who think it's gonna work".
Double negative got you down. 139! What, your dicksize in micron?
Upton Sinclair
Now that ya got "DoubleThink" down pat, get ready for "10-minutes hate!"
There's nothing to argue about and I have to admit; your analysis is spot on.
Your attitude isn't helping -- we need people to assume a more upbeat and positive demeanor, or else the terrorists have already won.
The joke will be friday when the DOW will go down at least 200 points.
What's your catalyst? I'm surprised by today's pump. The news leaned bad, but there wasn't really anything for the MSM to claim why the stock market would go up, i.e. those days when 1 out of 3 data points is good they can conveniently point to that.
Based upon the data-flow, I would have expected a 30-40 Dow point decline, especially after the run-up lately. Wouldn't have done much damage, and would keep the manipulation on the DL. So I thought this ramp was more blatant, meaning perhaps they won't ever let the market drop 200 points for awhile? And I think the only data points out Friday are consumer confidence, which can be manipulated easily, and CPI, which will be held down...
I wonder the same. I also wonder if you can simply change the numbers coming out of the machines presenting the prices...this requires no trading .. or money. Seems like the market only collapses when there is a purpose.
Everything is just digits after all, especially when the powers think all the US needs is "confidence."
All the US needs is "con"fidence...think fiat!
You, me, and everyone else wakes up one day and says "fuck it". Game Over.
Who knows, the f'er will probably go up that much, this is bizzaro world after all, where what should happen rarely does
What portion/amount of the market remains retail investors? I would like to be able to put this in perspective.
To all readers....
Crash 2010 begins tomorrow/Friday at latest.
I am sure none of you are long equities anyway, but we're going down so hard and fast this time, waving bye bye to 1010, and to 900 too. It'll all be over by mid November.
disclosure...I am very short!
Watch it happen though, enjoy the ride.
Ok, but just remember: the end of the world only happens once, so think twice before you bet on that.
who are you?
Damnit! Everytime someone predicts the day it pushes The Crash back at least a week. Did you not know this??
What has been market commentary on this (ICI) data? I am not really interested in market opinions as I am interested in how much play it has recieved; I have not heard much reporting on it anywhere but here. Fascinating stuff.
I've seen it mentioned once or twice on CNBS. Each time its been in the context of a contrarian indicator. The regular folk are just too stoo-stoo-stoopid to realize that the stock market is "remarkably undervalued versus forward earnings".
well, when you don't have any recent past or current earnings, forward's the only thing left
Figures.
Yes and everything is much "Better than Expected". Why are revenues always weaker than expected.
And what happened to year over year. Or, what I was always told makes a stock rise, "Growth".
I did hear something to that effect then! Thought I was going craz(ier). Back to jamming ice picks in my ears then -- carry on.
The Great Run on Equities of 2010
Again, all I needed to know I learned on Monday ;)
http://www.zerohedge.com/article/primary-dealers-prepare-invest-27-billi...
Comrade, do not put anger at our Glorious Leaders to make benefit of Glorious nation of Amerika.
Dow 10,000 is not bad, yes?
That's "Fearless Leader", Natasha (or is it "His Hopeness"?)
The most significant challenge to Liberal Democracy emanates from the rise of nondemocratic great powers: the West's old Cold War rivals China and Russia, now operating under authoritarian capitalist, rather than communist, regimes. Authoritarian capitalist great powers played a leading role in the international system up until 1945. They have been absent since then. But today, they seem poised for a comeback.
Add this to Obama being the Manchurian Candidate working to destroy from the inside and we are truly cooked, goosed, finito benito.
God Help Us
authoritarian capitalist ...
Yours is an excellent point. Some other thoughts/observations include:
1. As has been said previously, liberal democratic forms of government tend to fail when the electorate determines they can vote themselves largess from the treasury.
2. It is difficult to imagine that these authoritarian capitalists can survive long term. Economic freedom without political freedom is doomed IMHO.
3. We in the US cannot thrive in our present form with an uneducated, amoral and uninvolved populous. Overcoming these shortfalls will take years and may not be possible.
sschu
I do not know your definition of authoritarian capitalist, but I'm sure they have not "They have been absent since then (1945)".
It's going to get worse. I'm tell you, the Boomers are out and aren't coming back. This ramp up is only going to make it worse. Every one of them is looking for a point to pull the rip-cord.
The Fed is riding the bomb.
+1 HAHAHAAA! Good metaphor.
Agreed, the Baby Boomers are out and not coming back.
Boomers better scramble, duck, and cover.
http://www.archive.org/details/Duck_and_Cover
and to think we thought it'd be the Commies
Ben Benanke as Major Kong
http://www.youtube.com/watch?v=wcW_Ygs6hm0
@ Mr Lennon and other posters
For so many years (until 1998 or so when I became a net seller of stocks) everyone in my family held equities over a long term. In 2000 and 2001 I started selling a little faster, and have been selling ever since.
Some of the money went to cash and gold. Some also went into a bond fund (corp, .gov, etc.). I now have a 15+% Cap Gain (long term) in that bond fund and am wondering if I should "take it" as Cap Gains tax in the future might be higher, and bonds may fall as well.
THIS boomer been scared shi'ite less for a long time. And now with Flash Crashes, Socialism as far as the eye can see, the financial crimes, the deficits, etc., well I will continue to take Mr Lennon's advice: scramble, duck and cover. And I've been doing that for years...
You've been doing well Bearing. No Boomer here, but I'm considering pulling my 2 Roth's and a 401K with all the penalties. Am I nuts?
Am I nuts?
do you have any, real i mean, that one could touch?
why do they wash with water, the east bound lane of canyon road?
Ouch...guess I deserve that.
I'm already 12.7% in physical Au/Ag, but the tax hit just hurts. I know, I know, it's not real. Just digital bits on someone's mainframe.
Trying to find a pair, UF.
i bet you got a pair, just sitting tight.
Or Tylers previous comment, 'The FED is tapdancing on a landmine'.
E-Trade's August trading revenues down 36% !!
A) The Boomers are retiring, thus they are going to cash out their investments. B) The Boombers are getting older, thus they are going to roll their investmens out of risky stocks and into less risky bonds. C) The Boomers have watched their investments go nowhere but down for a decade now, thus they don't trust the markets.
The only way that any small investor is going to send their money to Wall Street is if they are the bigger sucker around, or Wall Street allows Washington to pass REAL financial reforms. Until then, the outflows will continue.
I can't wait to see the Fed's balance sheet once the market crashes to 5000 and the bond market crashes. Who will give them some TARP money? Maybe BP since their claims will never have to be paid out.
The Fed's balance sheet is a sham! You really think they're reporting everything? When you can create money or credit out of thin air, why would you think you need to accurately and honestly account for it?
I believe in the integrity of the Fed's balance sheet!
- Ben Bernanke
Bernanke says, trust me, you don't need to audit what I'm doing or who I'm doing it for.
Sort of like Lord Blankfein saying, "I'm doing God's work".
I wonder if Blankfein thinks Bernanke is his own discipal or his Savior.
It's really becoming quite comical. They are gunning this thing with no short interest below. God knows how far this thing could drop in a single day. That flash crash may just have been a test run.
I see a 420 point drop (flash crash) in the TAU coming shortly. Oil to near $80 per then WAM on equities! Then a run on the Doelarr/Treasuries. Then maybe an all out collapse? Or just let gold go to 10,000 over the course of the fall/winter, let equities stay where they are, and call it. It is so close to the edge now it is amazing.
"Or just let gold go to 10,000 over the course of the fall/winter"
And don't forget that our favorite federal inmate, Martin Armstrong, has timed out a move to at least $3000 in gold by June of 2011.
Martin knows whats up.
in honor of the claims # tomorrow:
"Statistics are like prized government witness. They can say anything for a price." - MA 08/23/10
Better than expected. Worse than expected. Doesn't matter. Its already priced in.
1) Market opens lower and turns higher at 9:45
2) Market opens higher and moves higher at 9:45
(obligatory back at ya)
http://www.youtube.com/watch?v=v46plhmxXU4&feature=related
u know the street is actually estimating an increase in claims... What da fuc? OMFG? Sell-side must be hiring now....
"If you torture the truth long enough it will admit to anything".
And if it was a test run, it makes one think whether the test was completed - or did someone say "oh, f*** me, it's still dropping... quick, plug that damn computer back in!"
The FED'S fear is correlated to the angle of incline multiplied by the length of bars on a daily bar chart. Using this indicator, the angle of incline formed over several weeks (such as the period we are in now)and the length of the bars suggests PANIC!! The real kicker comes in when you multiply that result with total volume.
A declining volume ramp by the FED with 500+ point gains on the DOW in the face of negative data points in two weeks suggests real panic. If the real money catches one whiff of that panic. Well....
I don't see that in the data, then again, it's all about bandwidth. When they can get so much from you in so short amount of time...
Yep, without a doubt. I am adding shorts every pump. when this thing comes down will be in such a nasty way that will not give a chance to everyone short it.
no shit..and that is why I am in teh same boat as many others...short and stupid, but i have seen this shit before. April was it! I got so frustrated one day in April on vacation, and yes, that was the top.
Same with today...it's such bullshit. Bullshit because you cant go long and you cant go short. We all know the ending, that is why we rallied 10% this month alone...it was too obvious we should be going down and the call shorters wont stand for it.
Light vol.....shit going parabolic.
so what if we do take off from here, the economy and jobs somehow appear....and we go into a bull market...we start from here??????????????
it is MORE than obvious we are in a bear market...we simply do not have spikes like this in bull or normal markets.
Stuck like chuck....cant go long cause youre right, when the bids dry up...we are fucked.
It would not surprise me to see a mirror image market at some point (probably distant future) where the news is really good but stocks just keep heading into the s*****r. I think the money leaving the market is being spent on living expenses. I know mine is. Come to think of it if the dumb money is selling they are getting a pretty decent price for a change. Good for them.
Get a brain. The bids won't dry up becuase the FED is doing the bidding.
That's been my conclusion, painfully learned for the past year.
This is Marc Faber's theory, (so far correct), Bernanke will just print. vs. Prechter who calls for Dow 400.
what happen to ECRI and Hamburger Omen ?
I guess they were wrong.
So much for the impending crash.
BDI also failed, outlflows failed.
What's next ?
DMA, enjoy the ride...it ought to be a good one.
Hey, douchebag. The Hindenberg Omen suggests the likelihood of a significant correction wothin 35 days. Not only did it correctly call the 6% correction of late August, the clock is still ticking on something greater. So, troll away, please.
Lol :)))))
The what ? the 6% ?
what are you trading nanoseconds ?
I'm just repeating what I've always read about The Omen.
A move of at least 5% within 35 days.
The Hindenburg Omen has predicted 60 of the last 5 stocks market crashes.
LOL
The douchebag doesnt take into account approx $5 billion daily thrown at indexes to continue the illusion that the markets arent completely broken? I doubt he has a single dollar in stocks, but just assuming he does, this idiot will lose it all in the inevitable collapse. This time, it will be sudden and total, and come like a thief in the night. No ones going to warn when this all falls apart next.
Go long Apple then.
It's worked pretty well for me at least. AAPL can't ride this train forever but it seems to be doing a pretty good job running higher and higher. Problem is any little miss on sales of some iGadget and AAPL alone could trigger that flash crash. I've been trailing it with tight stops on the run up and feeling good about that.
I agree that it will contribute to market crash. As for its price, range bound since April. No good gains there. Fundamentally, how will this company pay Chinese "higher" wages (if that even means cents it will still raise costs) and sell merchandise when people can barely feed themselves? This is the top for apple, albeit some hyperinflation type event that makes placeholders like numbers revel.
At least here in Germany, the iPhone is THE status symbol for lower-class people. This warrants AAPL good revenues even in a depression.Even if people can barely feed themselves.
With your assessment about AAPL topping I fully agree though.
LOL, das ist richtig!
I'm there all the time and I always think it's hilarious how the Germans (my in-laws in particular) are so into brands and, of course, iPhones, iPads, iPods,...shit, iAnything. That, Chuck Taylor shoes and "7' Jeans to name a few. I'm always asked to bring over that stuff because it's so less expensive. Of course, theses are dorf people...so maybe it's extreme.
It might be iShit at some point soon when people have to start eating those iphones, ipads, ieverything if this ride stops moving...
The number of 99er's grows by the day, that is gonna be one nasty bubble when it surfaces. Unlike Greece CNBS will not be able to not cover it.It will be on every tv screen in America.
Harry, AAPL, like the NASDAQ, are trapped below their respective range. AAPL has had a one way trip up since the end of August. The Android continues to take share, consumer confidence drops, housing is slipping back into double dip.. The simple fact it remains a favorite of so many investors alone makes it a liability. There is no way Jobs can keep the growth cabal moving... this pig is going down and will be the keystone in pulling down the Nazz.
And don't forget that AAPL now represents 20% of the NASDAQ and the other Big 9 make up 30%. Either way, that's incredible concentration in just 10 issues!
PPT: one basket, many eggs.
I'm VERY excited to see DMA tonight! He nailed the top of the last rally!! LMAO!!!
i work with two permabulls, every time they start the "its breaking out and going higher" I know what the sentiment is....
A couple million people will be living in tent cities in Central Park eating soup made of grass and squirrel droppings but the Dow will be at 20K?
Throw in a couple of failed head and shoulders formations as well. I've been thinking we might run up to 1175 before the inevitable pull back down to the bottom of the range.
That's all we are and going to be for some time - range bound. No crazy spikes, no crazy crashes. Market seems to like this range and can justify it on the lower end.
"Market seems to like this range" .. um.. what market? You mean the Fed and the TBTF banks artificially pumping up the market? A market implies there are buyers and sellers, not buyers and buyers..
Harry, don't take this the wrong way but the last time you were talking like this was right around the spring and we all know what happened then...just sayin...
Warrenn Buffett ?
....U.S. Air?
Makes sense to me.
Money flows out of the market, market goes up. Money flows into the market, market goes up. Market exposed as a HFT playground, market goes up. Gold and Silver markets are exposed as fraudulent, stock market goes up. QE 2 no longer around the corner because economic news is getting better, market goes up. QE 2 suddenly back on the table because news isn't that good, market goes up.
Oh, now I get it. Markets always go up. That's the (trading) ticket.
Since exponential math didn't work, they have now switched to absolute values! |down|=up and |up| = up. Simple. My problem is that my brokerage account seems to lack the | | feature.
Absolute value, b...
Those doing the propaganda want us to reposition our view of stocks. That is, the current administration is trying to set a value floor for stocks using price. Problem is you can't set a price floor without a supporting value proposition. The trick was played on the middle class in the form of repositioning the way we purchased homes. Purchase decisioning went from being based on TOTAL cost to monthly mortgage costs. The results speak for themselves. Fact is, until the administration takes a supportable sustainable economic and fiscal policy I will continue to short the market because as I've said before, I've got the time and money. The FED has the money but NO time. Tick, tick, tick, tick. Ten years - no growth....and that population just keeps growing and those in-migrants just keep coming do force down wages to Mexican levels. Time, time, time.......ticks away and the velocity and value of money declines, tick, tick, tick. The events over the last two years are noise in the market place. In the end, the market always has its way. ALWAYS :), and the fed won't even register as a speed bump when this really starts to rock and roll.
i don't understand?
I'm banking that Ben will give the appearance of normal conditions and allow the range to continue. As in when SDS hits 30.40, i'm in.
Theoretically a company that is worth 1B will be still worth 1B even when no1 is trading its stock
Yes, except stocks are for suckers, always have been in the bid/ask fraud Ponzi.
Yes, but the real question is: What is the $billion worth?
Why isn't this reflected in volume? Seems volume has remained fairly stable this year albeit at a lower average. It would seem with all these out flows, we would see a reflection in volume. Something is missing here.
You're not factoring in all the sub-penny liquidity providing going on. Not to mention volume is so abysmally low that I would certainly argue it is of course being factored in.
It's not what's missing, but what is covering the real picture. HFT.
What do you think HFT stands for?
Hemorrhoids For Timmah?
"Hidden Fake Trading"
Helium Fueled Treachery
Huge Fucking Tits?
If only. Where is Robo anyways?
Where is cheeks anyways?
Tell us how much volume you'd like to see to stave off panic. We'll just adjust the dials and pull the levers to make it happen. No problemo, muchacho.
HW,
Have you seen a chart of Citi 254M shares and a range of .04-.06 cents a day. Has volume but no trading range. Some other key stocks have low volume all day then at the end of the day someone comes in and buys a shitload of shares (example OXY), so if you look at this on daily volume basis it doesn't look that low.
I promise to step in and buy large at SPX 600
The symbol for Starbucks is SBUX, not SPX.
And you're right...600 drinks is definitely a large order.
Guys on the floor are absolutely NOT
allowed to refer to ramp jobs when on
TV.
CNBS just ran a headline "Market Spikes in Late-Day Trading", instead.
Cost us $4 billion today to jack S&P 4 points....correlation $1 trillion per point. Party on Ben, party on Timmah.
Yeah, they're getting a hell of a bang for our buck...
Isn't this pretty much what happened to the Nikkei...people just kept getting out, demographics or whatever but out and not coming back. Sure if you look at a robo-chart is is up 5% in a few days but if you're down 75% that hardly does much to make you feel any better. Unless you expect every man, woman and child to trade like a HFT I just don't see how you could expect much different of a result. People need access to money -- they used to get it from their house, they can't now but their kids still need to go to college, they still need to buy a new car, they still need to pay bills. I don't get how people just don't get that.
Yahoo is headlining a CNBC fluff piece entitled "Meet the Superstars of High Frequency Trading".
Its criminal what they are doing. They are truly Americas enemy.
YES I got a chuckle out of that one... 'Meet the 'superstar' crooks! Theyre the ones korn holing you, and we at CNBC call them 'starz'! Lmao whatever.
Exactly!
On one hand, you've got the Jackass Cramer extolling the virtues of trading individual stocks.
On the other, you've got a report glamorizing the criminals who quote-stuff and front-run the same poor, schmucks who trade off of Cramer's "advice".
Apparently, the empty-headed producers don't see the contradiction.
And CNBC wonders why its 'top tier show' Fast Money only has 300,000 viewers or whatever it is. Well we know CNBC is a front for Wall St/Gubmint criminals, provide them cover and they stay on the air, for now until their usefulness no longer matters.
Nah, fits right in with most peoples admiration of thug athletes, useless hollywood types, criminal musicians, people who are famous just for being famous, etc.
Are you serious? They are celebrating these thieves?
I don't watch CNBC so I wouldn't know.
I feel your pain Tyler. You have done a great job. You are not dealing with a market anymore. You are dealing with an entity that is now part of what Arthur Jensen calls the primal forces of nature. Thank you for your service, But don't stress yourself trying to figure out the powers that be.
forces of nature indeed. i hear "you can't mine corn" too--but that "it has to grow and be nurtured."
Crazy stuff. Cheap money borrowed from the fed? Feels quite unstable, but then again it's lasted much longer than I thought reasonable... or possible. Onwards !!
Well the thing is, its obviously all-out desperation to extend to some 'event'. We'll see it sooner rather than later judging by the total desperate lack of any semblance of fairness at all. In other words, anyone with half a brain clearly sees its all just outright fraud, but this 'market stability' is to keep the barbarian hordes subdued just a BIT longer, for something that will make 9-11 look like nothing.
Well, I remember seeing somewhere that Greenspan measured the health of the economy by the stock market. He may have really been on to something. A 5000 point drop would really freak people out and I think push us into the second round of debt default, so keeping the market above 10,000... well...
To me it just kicks the can down the street, but it seems to be working.. at least for now.
not from 2005-2008 he didn't. and i have a big mark on my.....
"...all-out desperation to extend to some 'event'...."
....the fall elections?
Exactly, I knew somethin was up awile ago. And i'm just a simpleton. Then by the grace of GOD i stumbled on to ZH. I have much more insight now. Which has helped me prepare accordingly. When the SHTF you'll are all invited to a big ZH BBQ if you can make it. RSVP
There's always a bull market somewhere!
Sure! Just as long as you can keep throwing $4 billion printed up dollars at the markets to prop them daily, all is well!
Bears are running out of time.
I'd love to go short, but so far all I'm seeing right now is strength.
Sure, it is being manipulated, but eventually the manipulation is going to force underperforming managers sitting in fixed income to start chasing stocks.
Otherwise, they will be fired and will have to give up their weekends at The Hamptons and will be renting low-grade Ukranian hookers at the Marriott Marquis.
Plenty of stocks which should be rolling over are showing strength instead.
Especially mortgage insurers, which should be getting crushed if we were in fact heading for that oft-discussed "double dip".
And if we are getting ready to crash, then how come deep cyclicals like CAT are within a hairsbreadth of breaking out to fresh, new 52-week highs?
And what's up with Mastercard? I thought the consumer was dead?
In a few short months these will prove true ....."fired", "give up their weekends at The Hamptons", "renting low-grade Ukrainian hookers at the Marriott Marquis".
Cat, a multinational, could give a rats ass what happens to Sovereign Nations. You want to build something? Do it without the machinery. Corporations know whats up, afterall, this is a CORPORATE TAKEOVER, or as Kkkrugman says, "The rise of firms".
Cat is at full capacity in their mining div, they are starting to ship overflow to my buddy's shop this month after a 2 year hiatus.
But a few of their larger plants are set to strike in the next 2-3 months.