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    Forums ›› Main ›› Economics ›› We are already in a recession...started Jan 1st!!!  


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blowingup2012
 

Registered: Mar 2012
Posts: 251

 

03-09-12 12:04 AM

Im always entertained by the content on this website. Posts such as "the market shall roar fourth!" Let me be clear. I am not here to gain a reputation or that so called "credibility". Im here with a bat to whack you over the head and tell you where you went wrong.

We are already in a recession and the bear shall roar fourth. Nevermind all this BS on the blogosphere or by the pump/confidence artists of CNBC. I've seen it all and I am here to report the truth. The truth is unemployment is rising! We are in a recession!

If you choose to listen and understand you will realize there is no investment right now in your stocks...your gold mine. The truth is we printed a top and soon the recession will roar fourth and we can only for your sakes that food stamps are still offered.



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TheGoonior
 

Registered: Oct 2009
Posts: 832

 

03-09-12 12:34 AM

I think you need a fourth chart to make your point...

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TheAngryHermit
 

Registered: Dec 2007
Posts: 763

 

03-09-12 12:51 AM

Am I missing something in your graphs? They all show we are not in a shaded area (recession). Unless they are shaded after the fact?

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oldtime
 

Registered: Jun 2011
Posts: 7357

 

03-09-12 01:19 AM

industrial production has risen in 7 out of the last 8 months, not much, .4%

retail sales, same thing 7 straight months, up .1% in DEC

Mining up .3%

cap utilization up .3%

building mat up 1.6%

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Covertibility
 

Registered: Aug 2003
Posts: 3853

 

03-09-12 01:37 AM

If ya want a guaranteed recession call to work, wait for LTRO and the Fed QE's to end.

If you're following ECRI, it appears they have a broken model.

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Covertibility
 

Registered: Aug 2003
Posts: 3853

 

01-17-13 06:24 PM

ECRI's 'Telltale' Chart Is Is Now Showing Something Completely Different






Au revoir ECRI, we will reminisce when you had a model that worked purdy darned well.

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