From the chart it would seem we have a way to go before the end of the credit cycle but we are headed in that direction. Unlikely to have a recession start going into an election. Would expect now a mild recession next year. It's coming but when? Hard to have a recession without peak earnings and with full employment. Besides looking for an established peak in earnings, we should look for up tics in unemployment and/or a resumption of Fed tightening (which impacts credit card interest rates). People running out of credit room is a harbinger in an economy were credit is the driving force.
We have been in recession since 2020 driven by a fake pandemic with no marked change in excess deaths.
Apparently Hospital intensive care did not notice that the pandemic was "fake". Or were they faking? Were all those refrigerated trucks serving as overflow morgues fake too?
Yeah the mass hysteria was driven by the fact that funeral homes and morgues couldn’t complete the routine turnaround of processing dead bodies. Mostly due to ‘lockdowns’ Not due to ‘mountains of dead bodies’. You probably believed it when people started collapsing in the street in China. You probably left your groceries in the garage for 2 days, also. LOL.
So we have all been fooled into thinking there was a pandemic when the pile-up of bodies was caused by mortuary workers staying home. You're apparently the first one to figure out what was really going on. You seem to be a really smart guy, because no one else figured out that all those hospitals were just faking everything.
Not the first one to figure it out. But you clearly are the last one to figure it out. Most hospitals were DEAD - that’s why the nurses all had time to do TikTok dances. No shortage of videos of this.