So far, it's more like the 2001 recession for this metric, in the sense that the contraction just pulls the numbers back down to the prior growth trend rather than deeply below it. Chart via @ycharts — Lyn Alden (@LynAldenContact) …
by BoatSurfer600 The chart of the S&P 500 for the last 20 months says it all Credit: John Galtfla
by confoundedinterest17 I read over the weekend that the Biden Administration was planning to unleash its army of social influencers on us to hype Biden’s economic accomplishments before the Presidential election. I am not one of his preferred social influencers. In …
by Shaun Richards This morning we have an example of news which in itself deserves to grab some headlines but also has quite a few consequences. So let me had you over to the German statistics office. WIESBADEN – The …
by Charles Hugh Smith on Of Two Minds: Recessions reliably arise from the confluence of these conditions. Note that any one condition can trigger a recession, but no one condition guarantees a recession. Severe, long-lasting recessions occur when multiple conditions arise …
Gundlach: "Consumer sentiment is at recessionary levels" pic.twitter.com/rgt66OENyP — zerohedge (@zerohedge) January 11, 2022 Gundlach: What is driving this falloff in consumer sentiment? Car prices up so much, people don't think this is a good time to buy a car …
via CNBC: Consumer confidence at present remains strong, but future expectations are plummeting, according to the Conference Board’s latest readings. Such wide gaps often portend significant economic slowdowns ahead. “The most recessionary signal at present is consumer future expectations relative …
by Charles Hugh-Smith It’s not yet clear that the stock market swoon is predictive or merely a panic attack triggered by a loss of meds. We contrarians can’t help it: when the herd is bullish, we start looking for a reversal. …
Global recessionary pressures are building. South Korea, an economic giant, a play on global tech, and window on the Asian economy, saw industrial output sink 1.7%, embarrassing a consensus forecast of -0.2%. — David Rosenberg (@EconguyRosie) December 28, 2018 https://twitter.com/OccupyWisdom/status/1078556918401110016 …
via Zerohedge: How do you know an economy is growing? To answer that question fully would require for more time than most readers can dedicate to an article here, as there are simply too many indicators to mention, some objective, …