Better get ready and fast Macro-Trend Follower. ‏ @macrotrendf Germany retail sales TANKING worst reading since 2007 when the recession hit. @PaulSommerville Germany retail sales fell 4.3% in December. The worst in eleven years. Italy Officially Slides Into Recession. The …
by Martin Armstrong The rally in gold and the stock market together is demonstrating that eventually, we will see the alignment as it transforms from Public to Private assets. The most deranged reaction to the Federal Reserve saying they will …
https://www.youtube.com/watch?v=_oDA5D1xVms
from Jason Hartman’s Creating Wealth Jason Hartman and Doug take today’s episode as a chance to look at some key happenings in our world today. By now you’ve heard Jason discuss how there’s a softening in prices at the top of …
via Daniel Amerman: Summary A visual exploration of how far the Fed dropped interest rates in response to previous recessions, and how this changed the business cycle. Why it is highly likely that there will be a swift – and potentially …
by FS Jim Puplava recently spoke with financial analyst and commentator A. Gary Shilling on FS Insider. Shilling has a long history with Wall Street—he was fired from Merrill-Lynch for accurately calling the 1969-1970 recession, noting how important it is to …
by Charles Hugh-Smith The funny thing about slashing your budget to survive a recessionary storm is that it works wonders whether the recession is deep or shallow. We know that after 10 years of expansion, a recession is baked in. Trees …
Make European recessions great again pic.twitter.com/TOiHIFVT4y — zerohedge (@zerohedge) January 24, 2019 Economist: The euro area is back on the brink of recession The euro has been an economic fiasco. GDP growth in the euro area has lagged behind that …
by NorthmanTrader Complacency is back and comes in the form of recession denial in the face of global slowing data. We didn’t see the slowdown coming but we are confident it will not produce a recession so the narrative goes. Not …
by Kimble Charting Transports are often considered a leading indicator of how the economy is doing. Since the Septemeber 2018 highs, the Dow Jones Transports Index has declined more than the broad market. This decline looks to be forming a new falling channel …
via YAHOO: Prime Minister Justin Trudeau’s Liberal government is on track to spend nearly as much this year as Ottawa did to stimulate the economy at the height of the global recession, according to a new study. The right-leaning Fraser …
‘Exceptional period of growth’ is done in US, JPMorgan global market watcher warns from CNBC. via CNBC: One of Wall Street’s largest investing firms warns that a global growth slowdown could sink the U.S. into recession this year. According to …
by Charles Hugh-Smith Combine sky-high commercial rents in homogenized, gentrified urban areas and sharp declines in the incomes of the limited populace who can afford gentrified urban areas and what do you get? A number of macro dynamics have set …
Housing prices are still to high and wages too low, let’s bring it on. The country is like a big old backed up toilet in need of a flush and a plunger to get things moving again. TL
Fasten your seat-belts folks. It is time for an earnings recession! At least that is what the South Korean trade data tells us.. pic.twitter.com/N92qnxlvZL — Andreas Steno Larsen (@AndreasSteno) January 22, 2019 Half of investment grade debt is one downgrade …
via financialpost: Last time ticket prices fell like this was in 2007, right before the recession almost nobody saw coming It is a fascinating anomaly that as the S&P 500, along with its global counterparts, has been off to the races …
Here is today’s articles mentioned in this news update: 1. A Weakening Global Expansion Amid Growing Risks https://blogs.imf.org/2019/01/21/a-we… 2. Davos 2019: What you need to know about ‘the world’s most exclusive business bash’ https://www.thelocal.ch/20190121/davo… 3. IMF cuts growth forecasts for …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Auto sales plunged in China over the past four months. What was particularly disconcerting was the sharp deterioration at the end of the year in othermarkets, not just China. Each market has its own problems, but they’re …
by wsbornnbred We have a lot of younger folks on this page. Our last recession was 2008. I’m 33 years old and I graduated college in 2008, during our last recession — most millennials have never experienced one as …
Bloomberg article tl;dr – Compared with hard economic data, [market-based models that predict recessions are] more forward-looking. But not only can markets get it wrong, they’re also prone to rapid reversal, undermining their reliability as the harbingers of doom. “You …
by Michael Snyder Global economic activity has been slowing down dramatically in recent months, and now the mainstream media is filled with dire warnings that a global recession is dead ahead in 2019. And without a doubt, things do not look …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But freight rates remain red hot. Freight shipment volume across all modes of transportation – truck, rail, air, and barge – in December declined about 1% from a year earlier, according to the Cass Freight Index, the …
by Brian Maher of Daily Reckoning Today we reveal the time frame of the next recession — to within three months. The surprising details anon. But first to a far more immediate catastrophe… We are informed the partial government “shutdown” has …
by StockCassandra 2 days ago, services went to hell. https://www.victoriaadvocate.com/news/business/dallas-fed-texas-service-sector-activity-decelerates-retail-sales-growth/article_bb543482-0fcb-11e9-98fd-074a0502514b.html Texas service sector activity grew at a slower pace in December, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of …
Yet another indicator pointing to a recession. Like I have said hundreds of times. I’m not saying that it’s going to happen. I’m simply providing the data. If the central banks print more money, the stock market can break previous …
via mishtalk: German, French, and Italian industrial production collapsed in November. Italy GDP is negative for 3rd Quarter. Italy GDP Italy’s GDP was negative for the third quarter. Gross domestic product (GDP) in the euro zone’s third largest economy fell by …
The bank cites “a sharp deterioration in risk sentiment following soft macroeconomic data in December and renewed concerns about the future direction of growth.” From CNBC: Goldman Sachs has found the safe haven gold more attractive after a volatile December. The …
by Lance Roberts J. Bradford Delong wrote a very interesting article discussing the trigger for the next recession. “Three of the last four US recessions stemmed from unforeseen shocks in financial markets. Most likely, the next downturn will be no different: …
by Charles Hugh-Smith Those households, enterprises and organizations that have no debt, a very low cost basis and a highly flexible, adaptable structure will survive and even prosper. The coming recession will be unevenly distributed, meaning that it will devastate …
by John Rubino Money manager Michael Pento has been bearish on both stocks and bonds for some time. 2019 is the year, he says, when the big crash finally arrives. Some Predictions for 2019 Bond Yields Continue to Fall in First Half …