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They all indicate a very weak to declining economy and, of course, they are all trailing indicators. With the ISM miss this month and the latest jobs debacle,
by carsongross 14y ago
They all indicate a very weak to declining economy and, of course, they are all trailing indicators. With the ISM miss this month and the latest jobs debacle, I expect us to be officially in recession by the end of the year (with all the experts shocked, of course.)
OTOH, it's an election year, and Bernanke will print, so who can say?
- rishonik 14y ago> Bernanke will print Anyone holding paper is going to suffer some bad hurt in the coming year.