Wednesday, June 15, 2016

the Big Four

Employment and Income continue on a steady uptrend.  Sales has some sporadic monthly declines.  Industrial production is in a shallow recession.

Sure, along with the Big 6 and excise tax receipts, there is a slow down.  It isn't much but as I say, you need a slowdown before more of a slowdown.

Don't count out the Fed from more QE or even helicopter money.  A recession is not going to be allowed unless there is a Republican president.

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