Stock Market Crash
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The Federal Reserve Chance of Recession Chart
A few days ago I linked to a chart from the Federal Reserve Bank of St. Louis that attempts to forecast recessions. The post I linked to asserted that the chart now indicates we have a 100% chance of a recession based on how the chart today compares with past performance. But it turns out […]
The Case for a Recession
The economic data indicate that U.S. economic growth is slow and slowing, but it appears that it’s still positive. But a few analysts are asserting that the U.S. already is in a recession, including Lakshman Acuthan, John Hussman, and Mike Shedlock. Shedlock does a good job of collecting all the data and arguments in one […]
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