Hello everyone,
I think the evidence is mounting that there will be a double dip recession in the US. Retail sales aren't setting the world on fire, jobs are still disappearing from the economy, consumer credit is falling sharply, amongst other indicators. I see retail sales for September are due out on the 14th in the US. If these are negative then it will possibly lead to another negative GDP number for the September quarter which is released on the 29th of October. I'll be watching these releases closely for signs of what lies ahead for the markets.
Cheers
Aksier
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