Animated Inflatable Christmas

Animated Inflatable Christmas

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Animated Christmas Tales (DVD)


Animated Christmas Tales (DVD)


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Animated Christmas Tales (Dvd)

8 Foot Long Christmas Inflatable Animated Santa Claus Flying an Airplane Blowup Yard Decoration


8 Foot Long Christmas Inflatable Animated Santa Claus Flying an Airplane Blowup Yard Decoration


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General Specifications:Animated - Airplane Propellers Spin!Internal Lighting for Night DisplaySelf Inflates in MinutesDeflates and Folds for Easy StorageEverything Included: Internal Fan, Ground Stakes and TethersGreat for Indoor and Outdoor UseEasy Set Up This Christmas inflatable is sure to bring delight to children and adults alike. This inflatable is great for decor in and out of the home. The lighted design makes it perfect for your nighttime display. It can also be a great addition for your family photo. The lightweight materials and self-inflating design make it easy for anyone in the family to setup and take down. Don't think about where you are going to store it until next Christmas. Once deflated, it's compact design makes storage easy and allows it to be stored almost anywhere. The weatherproof materials used allows this inflatable to be used indoor and outdoor, all year round (certai Type: Decorations

4 Foot Animated Christmas Inflatable Santa Claus in Green Chair Blowup Yard Decoration


4 Foot Animated Christmas Inflatable Santa Claus in Green Chair Blowup Yard Decoration


$54


General Specifications:Animated - Santa Head Rotates with Hand Waving at Us!Internal Lighting for Night DisplaySelf Inflates in MinutesDeflates and Folds for Easy StorageEverything Included: Internal Fan, Ground Stakes and TethersGreat for Indoor and Outdoor UseEasy Set Up This Christmas inflatable is sure to bring delight to children and adults alike. This inflatable is great for decor in and out of the home. The lighted design makes it perfect for your nighttime display. It can also be a great addition for your family photo. The lightweight materials and self-inflating design make it easy for anyone in the family to setup and take down. Don't think about where you are going to store it until next Christmas. Once deflated, it's compact design makes storage easy and allows it to be stored almost anywhere. The weatherproof materials used allows this inflatable to be used indoor and outdoor, all y Type: Decorations

7 Foot Animated Christmas Inflatable Santa Claus Climbing & Popping Out  of Chimney Blowup Yard Decoration


7 Foot Animated Christmas Inflatable Santa Claus Climbing & Popping Out of Chimney Blowup Yard Decoration


$79


General Specifications:Animated - Santa Popping Up and Down from Chimney!Internal Lighting for Night DisplaySelf Inflates in MinutesDeflates and Folds for Easy StorageEverything Included: Internal Fan, Ground Stakes and TethersGreat for Indoor and Outdoor UseEasy Set Up This Christmas inflatable is sure to bring delight to children and adults alike. This inflatable is great for decor in and out of the home. The lighted design makes it perfect for your nighttime display. It can also be a great addition for your family photo. The lightweight materials and self-inflating design make it easy for anyone in the family to setup and take down. Don't think about where you are going to store it until next Christmas. Once deflated, it's compact design makes storage easy and allows it to be stored almost anywhere. The weatherproof materials used allows this inflatable to be used indoor and outdoor, all year Type: Decorations

5' Airblown Inflatable Animated Santa & Snowman Christmas Train Lighted Yard Art


5' Airblown Inflatable Animated Santa & Snowman Christmas Train Lighted Yard Art


$84.99


5 Foot Animated Christmas Train Lighted Inflatable Yard DecorationItem #EEB-ATA080150Features:Snowman pops in and out of the rear railcar in 20 second intervalsDurable weatherproof nylonSelf inflates in minutesBlower included - simply plug this decoration in and it inflates and lights up in just a few minutes!Collapses quickly for easy storageAdditional product features:UL listed for indoor/outdoor useTransformer includedClass 2 power supplyInput: 120VAC, 60 hertzOutput: 12VAC, 1000mA, 12VA6 foot lead cordGround stakes, tether, and spare replacement bulb includedMaterial(s): nylonDimensions: 5 feet long x 30 inches high x 18 inches deep Type: Decorations Color: Green

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6' AIRBLOWN INFLATABLE ANIMATED SANTA CLAUS AIRPLANE LIGHTED CHRISTMAS YARD ART


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ANIMATED CHRISTMAS SANTA OUTHOUSE ELF TREE INFLATABLE LIGHTS UP GEMMY YARD


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6' Airblown Inflatable Animated Santa Claus Airplane Lighted Christmas Yard Art


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NEW IN THE BOX CHRISTMAS INFLATABLE YARD DECORATION 6 FOOT  ANIMATED HELCOPTER


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5' Airblown Inflatable Animated Peek-A-Boo Santa Lighted Christmas Yard Art


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US Sliding Fast

Figures from Citigroup suggest that US consumers are in a mood to spend up a bit this festive season, which starts tonight, a day after Thanksgiving.

But more realistic analysts wonder if this in fact be the worst season in 22 years.

Citi reckons the worst year was 2007 when the rise in festive season sales in America's shops was 0.7% from the day after Thanksgiving to the close of trade Christmas Eve.

That's only a year ago, and 1.2 million more people are out of work and millions more have either left the workforce, or are on short hours and shorter working weeks.

Citigroup reckons sales will rise by up to 1% this year, which seems to be a bit optimistic.

Besides the battered state consumers find themselves in compared to a year ago, the overall US economy is unhealthier. Growth in the December quarter a year ago was marginally negative.

This quarter it could be sharply down by up to 5% according to an estimate from Goldman Sachs this week.

Despite Citi's optimism, it's hard to see how US consumers will rouse their animal spirits and go shopping: not with house prices at four year lows, new and existing home sales at multi-year lows, retail sales slumping, car sales down 32% and at multi-year lows and consumer confidence at near record lows.

On top of this, more than half a million people have been registering for unemployment benefits in each of the past four weeks. So it's hardly the sort of season to make consumers jolly and want to spend.

Consumer credit is in short supply as lenders cut credit cards and home equity limits.

The severe impact of the credit crunch on US households and businesses was again shown this week with the latest figures showing yet another slump in new home sales, consumer spending and orders for durable goods in October (AKA The Black Hole).

Sales of newly built US single-family homes dropped last month to levels last seen more than 17 years ago, according to data from the US Commerce Department.

Third quarter US growth contracted by the biggest amount since 2001 (0.5%) but those figures for October suggest that growth this quarter will sink 4%-5% (annual rate), which would be the worst for a decade or more.

US consumer spending dropped 1.0% in October, larger than expected. But it shouldn't have been after car sales plunged 32% in the month and retail sales a record 2.8%.

The Commerce Department figures showed the sharp drop in spending came even as incomes rose 0.3% in the month and inflation eased

But the news got worse: the Commerce Department also reported that orders for big-ticket durable goods fell a huge 6.2% in October, without a strike or hurricane to blame, as there was for August's big drop.

That's bad news for US manufacturing and for exports, the one part of the economy still showing life.

The drop in durable goods, such as planes, automobiles and refrigerators, was sharper than the 2.5% cut forecast by the market.

Orders fell faster than sales, which means there will be more pressure on employment early in the new year.

A separate report said 529,000 new claims for unemployment benefits were made; down some 13,000 on the figure for the previous week, but the fourth week in a row that more than half a million claims have been made for the first time, a chilling statistic.

The day before the second reading on third quarter growth was worse than expected: it shrank 0.5% compared with the first estimate of -0.3%.

Overall spending by consumers plunged by nearly $US80 billion, or 3.7%, the biggest percentage drop in 28 years. (The drop in retail sales alone was 2.8%).

Next week we will get the car sales figures for November and they won't be pretty either.

But it wasn't just falling consumer spending that weakened the US economy in the September quarter. Business equipment spending fell a nasty 5.7% while investment in housing continued to fall, this time down by 17.6%.

The US Treasury Department and Federal Reserve announced a new $US200 billion program to make more money available for consumer loans, such as credit cards, auto loans and student borrowing.

The Fed also upped the ante in spending to support the frozen home loan market by announcing additional $US600 billion to buy mortgage-backed securities in an effort to lower mortgage rates and support home purchases and prices.

It seemed to work because a day later mortgage rates fell sharply, down by 0.25% and more and well under 6% and US 10 year bond yield dropped below 3%.

That was the first significant fall in mortgage rates since the Government and Fed started trying to drive them lower. A small glimmer of light for 2009?

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The US Federal Reserve has now tossed around $US7 trillion at the credit crunch, mostly in the US, to try and stop the economy from being consumed by the credit freeze.

That's not money all spent, much of it won't be. It’s 'credit lines' and revolving facilities for banks and the commercial paper market for instance and will be repaid and then re-lent again. But the estimate indicates the unprecedented size of the problem.

Some of the US money has been lent around the world in currency swaps and loans and will come back, but that too is an indicator of the seriousness of the economic problems the globe confronts, not just the US.

But America is where the black hole is biggest and where the threat to economic stability is the greatest: that $US7 trillion is equal to around 40% or so of America's current yearly GDP, which is well above estimates from the IMF about what financial crises cost to repair.

Unfortunately the cost is not being borne just in the US. China, Australia, the UK, Europe, Japan, South Korea and a string of other countries have spent or area spending hundreds of billions of dollars on stimulus packages.

The EC revealed a 200 billion euro ($A390 billion) stimulus package overnight. Spain revealed a two year, 11 billion euro package of its own. Germany a smaller 32 billion euro package.

If you count the cost of the various bank deposit and borrowing schemes around the world, there's trillions of more dollars committed, but not spent.

Housing remains the central problem and US house prices are falling faster than anyone thinks.

This week the US real estate agents group estimated prices fell more than 11% in the year to October, but that was conservative; try a record 17.4% as measured by the Standard & Poor's/Case Schiller House Price Index for the year to September.

The Case-Shiller Home Price national index recorded a 16.6% decline in the third quarter compared with the same period a year ago. That topped the previous record of 15.1% set during the second quarter.

Prices in Case-Shiller's separate index of 10 major cities fell a record 18.6%, while its 20-city index dropped a record 17.4%

The 10-city index is now 23.4% off its peak price, which came in June 2006; the 20-city index is down 21.8% from its July 2006 high and the national index is off 21% since the third quarter of 2006.

Home prices in the 10-city index have fallen for 26 consecutive months. The decline has broadened over the past 12 months, with prices dropping in every city of the 20-city index during September.

That means the most accurate gauge of US house prices hasn't even measured the sharp plunge expected for October.

------------------------------------

And in another worry the number of struggling banks in the US has ballooned, while the number of banks closed escalates.

Three banks were closed last Friday, taking to 22 the number killed off this year and rescued or shut, including Washington Mutual, the biggest failure in US history.

Now, the key rescuer, the Federal Deposit Insurance Corporation (FDIC) has boosted the number of banks it seems as being in trouble from 117 in the second quarter to 171 in the third quarter. That's the highest for 13 years.

The FDIC said third-quarter earnings among US banks and savings and loans (thrifts) fell 94% to just $US1.73 billion from $US28.7 billion in the same quarter a year ago, driven by higher provisions for loan losses, the FDIC said.

"Troubled assets continued to mount at insured commercial banks and savings institutions in the third quarter of 2008, placing a growing burden on industry earnings.

"Expenses for credit losses topped $50 billion for a second consecutive quarter, absorbing one-third of the industry's net operating revenue (net interest income plus total noninterest income).

"Third quarter net income totaled $1.7 billion, a decline of $27.0 billion (94.0 percent) from the third quarter of 2007.

"The industry's quarterly return on assets (ROA) fell to 0.05 percent, compared to 0.92 percent a year earlier. This is the second-lowest quarterly ROA reported by the industry in the past 18 years.

"Evidence of a deteriorating operating environment was widespread.

"A majority of institutions (58.4 percent) reported year-over-year declines in quarterly net income, and an even larger proportion (64.0 percent) had lower quarterly ROAs.

“The erosion in profitability has thus far been greater for larger institutions."

"Almost one in every four institutions (24.1 percent) reported a net loss for the quarter, the highest percentage in any quarter since the fourth quarter of 1990, and the highest percentage in a third quarter in the 24 years that all insured institutions have reported quarterly earnings," the FDIC said..

IMPORTANT: AIR reports about financial markets and investment products in the widest sense possible. The AIR website and all its contents is prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore talk with their financial planner or advisor before making any investment decisions.

About the Author

Australasian Investment Review (AIR) is a free daily news service covering global financial markets with a focus on Australia, New Zealand and Asia. Each day our team of experienced journalists presents you with a concise digest of expert opinions and analysis on trends and backgrounds that matter in these markets. Subscriptions are free at aireview.com.au

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