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Category Archives: other economic forecasts
Recession Still Likely Despite Bump In GDP
by Guest Authors Lance Roberts of Streettalk Live
Consumers Gone Wild! I have this image in my head of shoppers running about frantically over the last quarter shelling out dollars at everything that isn’t nailed down to the floor. That was the general consensus Friday after the GDP report came out showing a lift from 1.3% to 2.5% primarily on the back of the consumer, as shown in the chart. However, the real question is where did the money come from? Continue reading
Posted in Chicago Fed National Activity Index (CFNAI), Consumer Sentiment, Economic Indicators (USA), Employment, GDP, Health Care, Personal Income and Consumption, economic predictions, other economic forecasts
Tagged CFNAI, consumer spending, disposable income, GDP, Lance Roberts, NFIB, PCE, recession, savings
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Econintersect’s Recession Flags for Imports and Equities Removed
The troubling question is why import container counts are contracting year-over-year, yet the inflation adjusted value of imports remains in year-over-year growth. Continue reading
