Recession probability reaches highest since 1980s.

July 13, 2023 9:35 am by CWR

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Warning: The probability of a recession is at its highest level since the early 1980s pic.twitter.com/1XmuWtjmdW

— Game of Trades (@GameofTrades_) July 12, 2023

Business inventories are a leading indicator of inflation

A continued decline in inventories indicates lower inflation

However, sharp drops have coincided with a recession since 1995 pic.twitter.com/IGHSrhJoF8

— Game of Trades (@GameofTrades_) July 12, 2023

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See also The housing market is frozen. No buyers, no sellers, as prices aren't agreed on. Annual income needed to buy a house reaches a 125-year record high.

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