How’s That Recession Coming, Dave?
Most economic indicators this year have moved relentlessly in the direction of recession, and now the Cass Freight Index is saying a US recession may start in the 3rd quarter, fitting up nicely to my prediction that we would be entering recession this summer.
Bubble Bubba Isn’t Doing Fine Anymore
Let’s take a look at how the average consumer is doing. I’ll call this typical consumer “Bubba” because I just read an article that claimed “Bubba’s doing better today than at any time since before the Korean War.”
Iran’s Economy is So Bad They Had to Change the Name of their Official Currency
The International Monetary Fund (IMF) expects the Iranian economy to shrink by 6.0% in 2019.
A Long Shadow Creeps Over the Economy this Summer
Earnings season is already extending signs of recession with the first corporate reports coming in far darker than expectations that were already twilight dim in FactSet’s estimations, which pegged earnings as likely to show a 2% contraction.
Netanyahu Proudly Announces: Standard and Poor Makes Israel’s Highest Ever Economic Rating Permanent
Based on growth and security, Israel earned its highest rating ever from the world-renowned financial institution.
How Businesses in Judea and Samaria are Beating BDS
“There are millions of Israel supporters across the world who are looking to support Israel in some way – they want to be real partners,” Rom told TPS.
American Boeing Signs $25 Billion Aircraft Deal With Iran
Reassuring concerned audiences, Kirby emphasized that “Boeing has been in close contact with the State Department regarding this deal.”
