All recessions are back-dated, this one will be no exception. The Trump rally has covered up economic implosion...
10 year average GDP growth (red line). Most recent recessions blue lines...
U.S. deficit year over year change
Q1 GDP Now estimate: .9%
With the deficit widening (above), real GDP tanking (below) and the Fed tightening, it's not a stretch to predict imminent recession...
Yields tanking...
Five year rates:
Banks with Rydex financials asset allocation:
Long-term view
Banks short-term view
Interactive Brokers
"Join the 1%"
Or get wiped out again...
Deutsche Lehman
Oil (ETF)
Heavy volume on the downside. No volume on the rally...
Next leg down any time now:
Breadth momentum
Crashing growth expectations. Crashing long-term rates. Crashing carry trades...
USDJPY