This page has been archived and commenting is disabled.

About That US Recession...

Tyler Durden's picture





 

Whenever the annual change in core capex, also known as Non-Defense Capital Goods excluding Aircraft shipments goes negative, the US has traditionally entered a recession. Where is this number now: +0.8%, and declining fast. Feeling lucky?

Of course, in no other previous recession, was the US Fed holding $3.5 trillion in securities and increasing at a pace of $85 billion per month.

Source: Dept of Commerce

 


- advertisements -

Do NOT follow this link or you will be banned from the site!