Recession Mania
January 17, 2016 Marcus Nunes posted on the views of a possible Recession
The “Plunging Economy.”
Marcus asks the Question; What to make of these trends? Do they justify the “recession mania” that is taking shape?
The Fed believes otherwise about the possibility of recession and clings to the only thing not plunging.
RGDP growth has seriously been effected by oil as well. In otherwords, made useless.
The “drop” in industrial production is also misleading. Utility driven and not incline with peak manufacturing growth, which is the better tell.
The ISM was at 45.5 in March of 1996. 48 in 1998 due to this same phenom.
What a terrible post.
Bert:
I am sure the author may have a comment if he stops by. Sometimes it is better just to react to the potential flaws rather than critique. You will teach more in this manner.
Matter of fact: December 1998 ISM:
MI 45.1 Contracting Faster
Production 46.5 Contracting Faster
New Orders 46.0 Contracting Slower
Backlog of Orders 37.0 Contracting Faster
Supplier Deliveries 48.5 Faster From Slower
Inventories 41.8 Contracting Faster
Employment 40.8 Contracting Faster
Prices 31.3 Decreasing Faster
New Export Orders 45.5 Contracting Slower
Imports 49.8 Contracting Slower