About That US Recession…

by Tyler Durden

Whenever the annual change in core capex, also known as Non-Defense Capital Goods excluding Aircraft shipments goes negative, the US has traditionally entered a recession. Where is this number now: +0.8%, and declining fast. Feeling lucky?

Of course, in no other previous recession, was the US Fed holding $3.5 trillion in securities and increasing at a pace of $85 billion per month.

Source: Dept of Commerce

Source

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Posted on July 25, 2013, in Economic planning, Economic policy, Obamanomics, Progressive Agenda, United States and tagged , , , , , , , , , . Bookmark the permalink. Comments Off.

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