Friday, June 3, 2016

RECESSION AT 0%

Fiction-peddler in Chief:
"Anyone claiming that America’s economy is in decline is peddling fiction. (Applause.)"

The U.S. is basically at full Idiocracy:


Foodstamps with Employment Population Ratio




Intelligence is an outlier:


ZH: June 3, 2016
312,000 Full-Time Jobs Lost In Past Two Months, Offset By Part-Time Hires




We're at full unemployment, so EconoDunces don't see recession. A few things disagree with them...

Global Trade
Global Growth
Corporate Profits
Capacity Utilization
Inventories
Manufacturing
Retail
Auto sales
Job growth
Bond Yields
Risk Aversion
Financials
Defensive sector rotation
IPOs
Junk Bonds
Oil/Commodities
Carry Trades


Deflation w/Oil




"Printing money to buy stocks was their secret to effortless wealth"