The #FED R FOOLS (or LIAR's) - Chart with 100% chance recession

"The Fed sees no recession until at leat 2027 and a very smooth landing"

They are either ignoring blatant economic indicators

Or straight out lying to the public, and the media.

As this chart shows.

When Housing starts go down
and unemployment starts spiking
a recession almost immediately follows .

If I can see that with no economics background, no MBA, or experience in Finance surely they can too!!!

Kommentera:

housing starts have definitely peaked for the cycle

Kommentera:

unemployment ticking up

Kommentera:

higher high's , higher low's since the start of the year.

This recession could be a doozy.

Kommentera:

we are very close to a US recession ...