Friday, April 8, 2016

Just Like in 2008, The Fed Sees No Imbalances In The Economy






New law states homeless people can only have a trashcan worth of stuff. Consumer spending falls, retail declines. Wholesale inventories drop. Altanta Fed revises GDP again and it is now .1%. Albert Edwards says the real indicator shows we are headed for a recession. Janet Yellen sees no imbalances and the economy is not in a bubble. Not forecasting a recession. Fed calls emergency meeting on April 11




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