Read ‘Roubini – Double Dip, U.S. Manufacturing Plant Closings’, e-mailed today to StockResearchPortal.com Subscribers – a research Website dedicated to Mining and Oil & Gas Stocks.  The e-mail discusses:

• commentary made this past Saturday by Nouriel Roubini, described in the e-mail as “the New York based economist of 2007 ‘Predictive Fame’” – he being one person who long before September, 2008 predicted many of the post-September 2008 economic events that have occurred;

• U.S. Manufacturing Plant recent job losses and gains – with links to an article that summarizes those on a ‘plant by plant’ basis; and,

• Each day StockResearchPortal.com screens news items for Mining and Oil & Gas Companies that are included in our ‘Company Universe’.  These are provided to us on the previous trading day by third party Data Providers and reported on the right side of our Home Page under the heading ‘Latest Company News’ (immediately opposite our ‘Today’s Filtered News’ heading).  News includes Latest Insider Trades, Latest Expert Comments, Latest Newsletter Comments, and Latest Company Regulatory Filings.  We invite you to visit our website each day and review this data.

In part, today’s e-mail reads:

“Roubini – Double-Dip

Nouriel Roubini ( the New York based economist of 2007 ‘Predictive Fame’) is reported to have said last Saturday at a Conference in Italy that there now is ‘No defense left against double-dip recession‘, and assigns a probability of 40% to this occurring.  This in my view is a ‘Must-Read Article’, and I recommend it to you – reading time 3 minutes.  The article also quotes gloomy predications from other well-known economists.

I consider Roubini particularly thoughtful, and as best I can tell independent and objective.  I don’t see him as a ‘pundit for a cause’.  I think that for him to take such a firm position on something so important necessitates ‘sitting up and taking notice’.

U.S. Manufacturing Plant Closings

I consider a Seeking Alpha article yesterday titled ‘Labor Day 2010:  U.S. Factories Closing in Droves‘ (and some of the now appended comments to that article) also to be must reading – reading time 8 minutes.  Written by Michael Snyder, an attorney who writes The Economic Collapse blog, the article lists 11 U.S. Companies who have announced upcoming U.S. based recent plant closings – representing an aggregate loss of more than 4,500 U.S. Manufacturing Jobs.  I commented on Mr. Synder’s article yesterday morning as follows:

Michael: Thank you very much for the time and effort you have expended in putting this article together. Specific emperical evidence is always better than ‘broad commentary’. I think this article ought to be read by anybody who has an interest in equities – and tomorrow will be sending a link to this article (along with this comment) to the approximate 10,000 ‘e-mail opt-in’ Subscribers to StockResearchPorta… – a website focused on Resource Stock Research.

Michael, I consider this article both important and timely. While it would, without doubt, be a lot of work, I think a once a month (or even more frequent) update of this article would be of enormous value to all Seeking Alpha readers – and I encourage you to consider such an undertaking.

U.S. Manufacturing Jobs Losses have been a major concern of mine for at least five years. If readers of this comment are interested in reading a blog post on this that I wrote in July, 2009 they can find it at www.stockresearchporta…/.

After I added that comment to the article, a commenter calling himself/herself ‘OilFinder’ added a comment (with reference to specific U.S. based manufacturing plants) that 18 such Plants have announced …..” – to continue reading click here

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