Latest Economic Data Is In. 《<->》
There has been a call to all who will listen. For the last 14 months I have been warning, the greatest depression is at hand, giving as many as possible a chance to respond, prepare. We are seeing a perfect alignment to the great depression, the 70's 80's, 90's, and 2008-09 market adjustments. The slide to adjustment by way of oil crash, choppy markets, behaviour of banks, the wealthiest change investment strategies, home prices dropping, and more.
Headline February Real Retail Sales Fell by 0.8% (-0.8%), Annual Retail Sales Growth at Recession Level
First-Quarter Real Sales Contracting at 2.6% (-2.6%) Annualized Pace, Worst Showing Since Depths of Economic Collapse
Real Earnings Were Down for the Month
February Year-to-Year Inflation: 0.0% (CPI-U), -0.6% (CPI-W), 7.6% (ShadowStats)
Unstable Home Sales Data New Sales in Protracted Stagnation, Existing Sales Trending Lower
Durable Goods Orders in Back-to-Back Quarterly Contractions, Both Before and After Consideration of Commercial Aircraft Orders and Inflation
Signal Is for an Intensified Decline in Production and GDP, in Both First- and Second-Quarter 2015, a Looming Recession
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