Possibly Worrying Wholesale Numbers. Falling Sales And Rising Inventories. Often A Precursor To Slower GDP Growth… Bloomberg: “If Central Banks Are the Only Game in Town, We’ve Lost”

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Bloomberg: “If Central Banks Are the Only Game in Town, We’ve Lost”

“Relying on monetary policy to prop up asset prices and smooth out global volatility is a recipe for disaster.”

50% of US Economists See Recession Occurring by Next Year at Latest; 75% by 2021

“Only 11 percent expect the economy to avoid a recession through 2021.”

 

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The Fed: Jawboning Concern for Everything, All the Time, Solving Nothing

Because hitting the brakes and gas simultaneously is never the right decision. “Concern about low inflation is remarkable; the Fed was recently raising interest rates to keep the economy from overheating.”

 

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