“Experts” deny stock crash risk, ignoring 2007’s misleadingly positive economic indicators before S&P collapse.

Sharing is Caring!

It’s unbelievable how “experts” claim there’s no way stocks can crash because we don’t see it in the data. Here’s a WSJ article from June 2007 and the corresponding S&P chart. Notice phrases like “economy looking pretty strong,” “jobs ahead of expectations,” and “Goldilocks scenario.” Yet, labor productivity saw downward revisions, and inflation-adjusted wage growth was cut into negative territory for Q4 ’23. With US Q1 GDP growth at only 1.3% and Core PCE Price Inflation Index acutely up to 3.6%, we’re in the worst scenario for the Fed. Is a soft landing still possible in the US?

Sources:

See also  Authorities Are Literally Losing Control Of The Streets As America’s Societal Collapse Accelerates



See also  Trump shooter was spotted on the roof by law enforcement nearly 30 minutes before the shooting... Jimmy Dore: 'This is beyond parody. No way they could be this incompetent. No way.'
Views: 107

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.