Are things that bad? I remain a non-believer in the recession thesis.
When I find charts and stocks I want to buy I will be more bullish but there is no choice but to wait.
October has delivered the biggest crashes in history but some major market bottoms as well.
International investors have been heavy sellers in Tokyo for quite some time. They tend to sell at exactly the wrong time. It seems many have made that mistake again.
German manufacturing appears to be falling off of a cliff, which could be a precursor to a recession.
The lack of accurate predictability across all of these metrics is why a certain level of diversification is always necessary.
it seems that consensus is to interpret anything that can be viewed as bad, as actually bad, and anything that could be good, as an aberration that will soon become bad.
Like central bankers, the equity markets seem oblivious to weakening global economic conditions that indicate a recession already is here.
The Fed Chair's statement is such a mass of self-contradiction and obfuscation that it is no wonder his colleagues are deserting him.
The economy is not nearly as bad as the news makes it out to be.