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 , , , , , , , , | Leave a comment

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

Posted in Business News and Analysis, Trade Data, other economic forecasts | Tagged , , , , , | Leave a comment