worth watching the video, he links current German and EU recession data and compares with the US and sees the US heading the same way after being temp saved by a rebound as the US worked through backlog orders. Looking at Real GDP data, inverted yield curve data and yesterday's PMI data.RplusT wrote: Tue Jul 25, 2023 5:59 pm Yeah, inflation and recession is pretty obvious........
Why? Can't you see!
Weakness late 2022, rebound early 2023 (US but not EU) and then deflationary recession coming up (both EU and US).
