This is RIGHT ON and to those who think macro does not matter – well you are wrong
h/t @hks55 pic.twitter.com/e2tbAKNapO
— mcm-ct.com (@mcm_ct) April 16, 2019
The three-month trend in production of consumer durable goods has collapsed to a -15% annual rate – this takes out 2016 and takes us back to the late stages of the 2008-09 recession. Shhh! Don’t tell the stock market that the recession may have already started! pic.twitter.com/TKmo7Y3mDK
— David Rosenberg (@EconguyRosie) April 16, 2019
Apparently, c-suite is SELLING EVERYTHING pic.twitter.com/oM0m6InuyK
— mcm-ct.com (@mcm_ct) April 16, 2019
U.S. manufacturing production is falling, victim to uncertainty about tariffs, trade, global growth, and U.S. capex. Manufacturing has been one of the real bright spots in the economy, but not now. pic.twitter.com/ExiPvjZUEr
— Rex Nutting (@RexNutting) April 16, 2019
Most evil head and shoulders EVER t.co/K85UlUThXT
— mcm-ct.com (@mcm_ct) April 16, 2019