Independent thinking for complex markets and current events
We often discuss the connected nature of the economy – how two completely separate things affect one another. Today, a sudden slump in cardboard demand indicates rising recession risk – at the very moment when families have less savings to fall back on… By Peter Reagan In the world of poker, professional players will often …
Cardboard box sales dropped 80% ahead of the Christmas Holiday Season. Dr. Elliot explains @ 1:30 minutes in… People are way scaling back on Christmas. Infact, more and more families have set a limit on the ages of people that can receive a gift. It is usually now reserved for those under 14 years old. …
via Peter Schiff: Good news. The looming US recession has been canceled. Or has it? Just a few weeks ago, Treasury Secretary Janet Yellen said that while economic growth has slowed, “our labor market continues to be quite strong — I don’t expect a recession.” Meanwhile, Federal Reserve Chairman Jerome Powell said staff economists at …