How Many More Signals Do You Want?

by BoatSurfer600

At least a recession is confirmed in the trucking industry in the US. You will be stunned to know that diesel prices are down 50% in the last year as demand plummets from the biggest fuel guzzler: “The Freight Industry”

Sagar Singh

 

In the absence of multilateral cooperation and global coordination on fiscal and monetary policies, the world economy could sleepwalk into a recession that would likely trigger more debt and financial crises, as well as proxy wars.

The current situation is reminiscent of the run-up to the global recession of the 1930s, which also led to increased military expenditures and set the stage for World War II. With so much at stake, the world’s largest economies have only one good option.

BREAKING: Samsung Electronics profit falls 95% in first quarter results

— The Spectator Index (@spectatorindex) April 27, 2023

We're currently seeing the largest decline in US commercial bank deposits since 1934. Feels like I'm in a minority thinking this is important. pic.twitter.com/QxFgSKUNFh

— Dom White (@DomWh1te) April 26, 2023

The latest #AtlantaFed #GDPNow update was quite telling about the state of the economy. The sharp drop in the measure, and in the latest update, was due to a 35% decline in #spending along with a further drop in private #investment.
h/t @ISABELNET_SA pic.twitter.com/egSeiaMjyZ

— Lance Roberts (@LanceRoberts) April 27, 2023