Relevant:
- Real Time Tax Collection Data Shows US Economy Crashing - The Wall Street Examiner
- Real Retail Sales Per Capita: Another Perspective on the Economy - Doug Short
- Thanks to the Fed, $1300 Gold Is Just the Start
- 3rd Quarter GDP Likely Negative, Recession Never Ended
- The Data Says: 100% Chance of Recession Within 7 Months
2016-02-22 — mishtalk.com
Real-time tax data indicates the U.S. economy stalled out last Autumn and has now gone negative. Income tax withholdings are down 0.2% year-over-year in real terms in the past four week. The trends indicate recession if they continue.
...
"If the U.S. economy continues to weaken, we fully expect the Fed not only to start another round of quantitative easing but to adopt a negative interest rate policy that will likely be accompanied by restrictions on the use of physical currency." [Says TrimTabs CEO David Santschi].
...
I am sticking with my call that a recession started in December.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
