From 1945 to 2008 #recession there have been 11 periods of #economic expansion, lasting an AVG of 59 MOS. 2 expansions longer than current, Feb 1961-Dec 1969 = 106 mos & Mar 1991-Mar 2001 = 120 mos June 2009-current = 105 mos Why does everyone “think it’s different this time?”
https://twitter.com/OccupyWisdom/status/983581136533237760
COINCIDENT #ECONOMIC ACTIVITY INDEX AS A #RECESSION INDICATOR During the times that this index declines to ~+2.5% (1981, 1990, 2001, 2007) the economy enters recession. 3Q2017 = 2.69%
h/t OccupyWisdom
Chart: Citi Economic Surprise Index for the euro area hits the lowest level since the Eurozone crisis – pic.twitter.com/ea7E2xYcbm
— (((The Daily Shot))) (@SoberLook) April 10, 2018
Europe’s Boom Reawakens the Ghost of Crisis Past: Debt
No room to stimulate when the cycle rolls over. Its been pedal to the metal since the 2012 crisis, so the next will be extra brutal.
By bulking up on debt, U.S. companies have created a timebomb