This Isn’t Even a Global Recession Yet….

Wolf Richter wolfstreet.com, http://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 sure coming together at an awkward moment (13 minutes).