We are already in the "Second Phase of the Recession"

Discussion in 'Economics' started by EMRGLOBAL, Jul 27, 2011.

  1. Durable goods orders are a pointing to weakness and continue weakness.

    Shipment side is up but less than last months.

    The Data is pointing to a Recession.

    But, of course this will not create any serious sell off.
  2. Numbers were horrid! We may officially double dip.