recession Archive
23 Oct 2015
Will China’s Meltdown Trigger a Crash?
Let’s talk briefly about China. China is thought to be the great growth story of the post-2008 era. China’s economy not only bottomed before the developed world, but by most accounts, China was thought to be the engine that pulled the world out of recession, thanks to its near-clocklike hitting of 7%+ in GDP growth
15 Oct 2015
Recession Watch: We’re Back in One
The Fed has now kept interest rates at zero for 81 months. This is the longest period in the history of the Fed’s existence, lasting longer than even the 1938-1942 period of ZIRP. And the US economy is moving back into recession. Consider that… Industrial production fell five months straight in the first half of
23 Sep 2015
The Market Has Run Out of Props
The stock market is rapidly running out of props. First off, corporate sales and profits are rolling over. As Charlie Bilello recently noted, we’ve had two straight quarters of Year over Years drops in corporate revenues. Moreover, corporate profits are also falling at a pace usually associated with recessions: Profit growth for the S&P 500
