Posted on 01/04/2024 3:02:09 PM PST by davikkm
As 2024 unfolds, ominous signs loom over the economic horizon, with the Druckenmiller Recession Indicator delivering a stark warning. Plummeting to its lowest level since 1999, this indicator, historically associated with economic downturns, is flashing red, raising concerns about the state of the economy.
Leading economic indicators have endured a daunting streak, falling for 20 consecutive months. While many have clung to the belief in a recession-proof economy, the latest ISM data paints a different picture. A mere 5.6% of purchasing managers report any growth, mirroring statistics not seen since April 2009.
(Excerpt) Read more at citizenwatchreport.com ...
The Fed needs to lower interest rates to put Brandon over the top. Damn the inflation, full speed ahead.
Better buy your gas powered car at the coming lower interest rates, it may be your last chance.
If Deep State can’t cling to power, it will leave Trump a smoking wrecked hulk of a ship of state.
Then, when Trump does what he has to do to right our ship, Deep State will be waiting to try to peel off out support with BS promises and attempts to pit us against one another.
I hope to God we’re made of sterner stuff.
Trump has had our backs.
If he makes it back into office, we will have to continue to have his.
Should have cashed out before end of year. Happy horseshit market is going to crash.
This guy is now posting multiple times per day pimping paid memberships to his crappy blog.
Karine already settled all this stuff and it’s time we just shut up and listened to her. 2 days ago: The economy is headed in the right direction, and the job is not done. /S
A comment from someone under the YouTube WH talk about the wonders of the new glowing economy thanks to Biden:
I’m a college grad, graduated in 2022 w/ a degree in Business Information Systems, I’m 31 and have to live with my parents, rent is so expensive gas is expensive and it’s so hard to find good paying and steady work.
Call the hum and gum guy...
If Deep State can’t cling to power, it will leave Trump a smoking wrecked hulk of a ship of state.
Then, when Trump does what he has to do to right our ship, Deep State will be waiting to try to peel off out support with BS promises and attempts to pit us against one another.
I hope to God we’re made of sterner stuff.
Trump has had our backs.
If he makes it back into office, we will have to continue to have his.
mirroring statistics not seen since April 2009
2009 was about the time that, during my morning run, I noticed pickup trucks accompanying garbage trucks picking up stuff that might have useful life left. Kind of like “cleaner fish” with sharks.
How soon we forget.
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