The Dynamic Linearly Detrended Aggregate Spread signaled that a recession could start near Oct 2017, but not later than 28 mos from Jan 2017 (May 2019)
The average time to a recession signaled by DAGS was ~15 mos, which indicates a recession start ~ April 2018 via @SeekingAlpha pic.twitter.com/GquZ2tmJIz
— OW (@OccupyWisdom) April 9, 2018
Did the Morgan Stanley Developed Market Economic Cycle Indicator just put in a top? h/t ZeroHedge pic.twitter.com/3XJUEcoo2O
— Alastair Williamson (@StockBoardAsset) April 8, 2018
CARDBOARD BOX INDICATOR FOR #RECESSION
A sparsely known indicator of recession is the drop in demand for “cardboard boxes” as the demand drops prior to consumer demand for shipped non durable goods. pic.twitter.com/jbby5RIiy2
— OW (@OccupyWisdom) April 8, 2018
PASSENGER CAR REGISTRATIONS AS A #RECESSION INDICATOR
Since 1960, there have been 11 significant periods where passenger vehicle registration growth rate was < 0, nine of which were a leading indicator for a recession. pic.twitter.com/4W40mfIrZN
— OW (@OccupyWisdom) April 8, 2018
Small, subprime auto lenders are shutting down as banks & private-equity firms cut off their funding. t.co/ofEY95w0pI
— Lisa Abramowicz (@lisaabramowicz1) April 6, 2018
Private equity firms, banks pull plug on some lenders ‘There’s going to be more capitulation,’ banker says
Growing numbers of small subprime auto lenders are closing or shutting down after loan losses and slim margins spur banks and private equity owners to cut off funding.
Summit Financial Corp., a Plantation, Florida-based subprime car finance company, filed for bankruptcy late last month after lenders including Bank of America Corp. said it had misreported losses from soured loans. And a creditor to Spring Tree Lending, an Atlanta-based subprime auto lender, filed to force the company into bankruptcy last week, after a separate group of investors accused the company of fraud. Private equity-backed Pelican Auto Finance, which specialized in “deep subprime” borrowers, finished winding down last month after seeing its profit margins shrink.
San Francisco’s Median House Price Hits a New High: $1.6 Million
Jeff Gundlach // 2018 is payback time. Stocks will go down this year
www.youtube.com/watch?v=j8el3p_5wf0&t=46s