Share
33,126 Posts.
lightbulb Created with Sketch. 1404
clock Created with Sketch.
01/11/19
10:48
Share
Originally posted by Fudley61:
↑
Mmmmm. Everything does seem to be groovy..... ???1). FOMC Cut Rates by the Expected 0.25% (-0.25%), in the Context of “Sustained Moderate Growth” / Balance Sheet Expansion Into Mid 2020 (See FOMC Section) 2). Annualized Third-Quarter 2019 Real Quarterly GDP Growth of 1.92% (Down from 2.01% in 2q2019) Was Not Meaningfully Different from Zero 3). Real Year-to-Year Growth Slowed to 2.03%, Its Lowest Level Since the 2015 Mini-Recession, down from 2.28% in 2q2019 4). 3q2019 Final Sales (GDP Net of Inventory Growth) Collapsed to 1.97% from 2.92% in 2q2019 5). Domestic Liquidity Issues Appear Serious, with the Velocity of Money in Its Sharpest Quarterly Drop Since the Great Recession 6). 3q2019 Durable Goods Orders Declined Year-to-Year for the Second Consecutive Quarter, Both Before and After Consideration for Inflation and Volatile Commercial Aircraft Orders 7). Weakness Continued in September 2019 Consumer-Sector New Orders 8). September Industrial Production Declined 0.39% (-0.39%) in the Month, Hit by Manufacturing and Mining / Annual Drop of 0.14% (-0.14%) Was First Since 2015 Mini-Recession 9). Monthly Declines in New- and Existing-Home Sales/ Regular, Nonsense Monthly Volatility Continued in September Housing Starts and Building Permits, Yet the Smoothed Series Appear to Be Flattening Out, Down About 42% (-42%) from Pre-Recession Highs 10). September Freight Index Confirmed Ongoing Economic Collapse
Expand
Straight from Shadow Stats.......John Williams....what a joke that dude is. He's been predicting economic collapse, hyperinflation and a USD implosion for years. I notice you didn't bother mentioning it was from Williams because he's been so badly discredited I'm amazed he's got the audacity to show his face in public. But that's the deal with those charlatans, they never give up because they know there's a never-ending line-up of dupes ready to take the bait.
Last edited by
Skol :
01/11/19