Tuesday, April 30, 2019

Well.... that escalated quickly.

Source. 1 and 5 year chart.

And just like that - we are dancing uncomfortably close to technical recession.

You know, when you go out on a limb and call bullshit on the GDP numbers, you sort of hold your breath. But there are just too many comparisons to the early recession days for the economy to be as great as they are saying. Not to mention we are an export driven economy, and the rest of the world looks like crap.

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