Every time retail sales were down 1.5% or more for the last 27 years:
2000
2001 these years sound familiar?
20082019
The below is $SPX forward returns after these points
Info/chart via @UncleRico77 pic.twitter.com/RHuT9DL8nN
— OCCUPY WISDOM (@OccupyWisdom) February 14, 2019
DOW 50,000!
Are all the PERMABULLS listening in idiotville? The economy is speaking.
Especially the mayor, @rraid4life ! pic.twitter.com/Ppahb73489
— OCCUPY WISDOM (@OccupyWisdom) February 14, 2019
Retail sales tumbling, as outlined in last fall's client warning of "Cooling Consumer Spending." See public comments from Jan: t.co/47RYgw4sg4 pic.twitter.com/iVjf88aSYo
— Lakshman Achuthan (@businesscycle) February 14, 2019
the "greatest economy ever" just hit a brick wall pic.twitter.com/hvrkN7Qh6J
— Alastair Williamson (@StockBoardAsset) February 14, 2019
#DXY index and #BDI index saying the same thing
And it is not pretty for buyers no matter how bullishly they try to spin it
(cc @McClellanOsc) pic.twitter.com/vYverMh3EM
— mcm-ct.com (@mcm_ct) February 14, 2019
What Synchronized Global Growth? Free-Falling Freight Rates Spell Trouble Ahead!
A slowing global economy, coupled with weak demand from China over the Lunar New Year and from Brazil after Vale SA’s iron ore disaster, is dragging shipping rates to near record lows, and few in the industry expect things to improve any time soon.
Brokers in Singapore and London said capesize vessels, the largest ships that move bulk commodities like iron ore, coal and aluminum, were chartered in the spot market for as low as $8,200 a day on Thursday, a $500 decline from Wednesday. Break-even costs for carriers can be as high as $15,000 a day, and daily rates in the capesize market hovered above $20,000 last year.