Thursday, July 07, 2022

Recession to Join Biden's Problems

Yes, there will be a recession.

Yield curve inverted.

Atlanta Fed shows a -2.1% 'growth' in GDP for 2Q, joining 0% of 1Q.  Two quarters of zero or negative in a row = recession.

Copper down.

Consumer spend down.  Remember to subtract 8.6% from gross spend number.

Beware.  This means Joe needs a war.


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