Friday, October 21, 2016

Recession is very near.

I have already posted the shipping index that shows how economies are contracting. There are three other indicators of a coming recession: 1. Consumer Confidence (hits max before an economic downturn); 2. truck sales (go down) and restaurant performance. The latter has fallen precipitously:
 
 
 
Restaurants are doing poorly because people's discretionary incomes have fallen.
 
Chances are that the FED will ease, but if Trup gets elected, they may crash the Market by increasing rates so the Media can blame Trump.

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