Conference Board Leading Indicator Records Alarming -7.8% Drop, Echoing Historical Precedents of Economic Downturn Over Six Decades; High Default Rates in Loan and Bond Market Also Signal Sharp Slowdown

The sustained 18-month decline in the Conference Board Leading Indicator is a worrying trend reminiscent of historical economic crises, particularly in 1973-74 and during the Global Financial Crisis. The current -7.8% decrease aligns with significant economic downturns over the past …

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The US labor market is facing challenges, with job openings falling off a cliff, a trend that has only occurred three times since 2000. Leading economic indicators strongly point to a recession.

Yep this is one of the many metrics falling down in the labor market pic.twitter.com/fzMC6yWFGE — RecessionALERT (@RecessionAlert) October 12, 2023 Warning: The probability of a recession in 2024 is now over 60% This level has been seen only 2 …

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Joseph Brown: The rapid depletion of the Reverse Repo facility, with $1 trillion drained in just 6 months, signals a concerning trend amid government borrowing acceleration, ultimately leading to significantly higher interest rates.

from Joseph Brown: The Reverse Repo facility has seen $1 trillion drain out in just the last 6 months What happens when it runs out? Its important to remember what this account is for, and where this money came from …

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Earnings being revised upwards despite leading economic indicators contracting; US deficit spending as a percentage of GDP is at its highest point outside of war or recession since 1960

Analysts are repeating the same mistake made during the 2008 Financial Crisis by revising earnings upwards despite a contraction in leading economic indicators, raising major warning signals. The US is experiencing deficit spending near 10% of GDP, reaching levels last …

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OPEC predicts a significant supply shortfall of over 3 million barrels per day in global oil markets next quarter, potentially leading to the largest inventory drawdown since 2007… Food prices have consistently increased

The fight against inflation is still ongoing… OPEC just said that global oil markets will face a massive supply shortfall next quarter. They expect a supply shortfall of more than 3 million barrels per day. If OPEC is correct, it …

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VIDEO: Leading Presidential Candidate of Argentina and Anti-Leftist, Javier Milei, Says He ‘Shoves Anything a Damn Socialist Says Up His A**’

https://twitter.com/_/status/1696633030457139295 Part 1 of 4: Javier Milei, a libertarian, is the current favorite to win the presidential election in Argentina. I can see why. pic.twitter.com/M7qBiP50gr — Count Dankula (@CountDankulaTV) August 17, 2023 Part 2 of 4: https://twitter.com/_/status/1692611081695367673 h/t dr0id

Ukraine war could cost US half-trillion more if war ends now, potentially leading to the most costly and potentially corrupt foreign operation.

via asiatimes: If the Ukraine war ended tomorrow, the United States still would need to send hundreds of billions in aid to that country. The bill includes continuation of military assistance, budget support for the Ukrainian government and reconstruction assistance. President Biden has just …

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