Category: Recession 2013
The analysis published under this category are as follows.Monday, August 05, 2013
If the U.S. Economy is Recovering… Why Is Nominal GDP in a Recession? / Economics / Recession 2013
The financial world is abuzz with the unexpected jump higher in our manufacturing and non-ISM(s). The world seems to think these two jumps are the result of the US economy suddenly getting back on track.
The whole thing smacks of political games. Is it really coincidence that the scandal-ridden Obama administration suddenly decided to focus on the economy (again) and the official economic data starts improving the next week?
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Wednesday, July 31, 2013
Increasing Probability for Cyclical Recession / Economics / Recession 2013
Mitchell Clark writes:
This is a big week for capital markets, with the Federal Reserve meeting and July’s unemployment numbers to be released on Friday.
One thing that’s been clear with the stock market is that it has been staying lofty, mostly due to the expectation that the Fed will continue quantitative easing. But under this continued monetary stimulus, financial results are showing mediocrity.
Monday, July 15, 2013
Why a U.S. Recession Within the Next 12 Months Is Inevitable / Economics / Recession 2013
Michael Lombardi writes:
One fact has become quite clear: if we want to see robust growth in our gross domestic product (GDP), then there needs to be a significant change in consumer spending.
But current consumer spending in the U.S. economy is looking bleak, and it makes me skeptical about the GDP growth ahead. We’ve already seen GDP in the first quarter revised lower due to consumer spending; and it won’t be a surprise to me if something similar happens in the second quarter.
Tuesday, March 12, 2013
Why U.S. Recession 2013 Has Already Begun and What to Do About It / Economics / Recession 2013
David Zeiler writes: Pay no attention to the new market highs or the cheerleading of government officials - recession 2013 is already here.
That's what Lakshman Achuthan, co-founder and chief operations officer for the Economic Cycle Research Institute (ECRI), is saying now.
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Friday, March 08, 2013
Dow Stock Market High, Is It Really 2007 Again? / Economics / Recession 2013
It would be completely remiss to go a week without mentioning that we have indeed discovered time travel here in America. Yes, it is 2007 all over again. That nasty crisis, Fannie, Lehman, AIG, and Merrill never happened. It is all better now. The ‘Great Recession’ is long in the rear view mirror and we can party just like it is…1999? Or maybe 1929? There has to be something going on with all those 9s.
So this week we’ll see if in fact we really have travelled through time and if this is in fact the ‘brave new world’ spoken so unabashedly by the mainstream press and flat-line EEG economic experts. We’ll let the statistics (biases and all) speak for themselves. Is it all glitz and glamour or should we in fact be asking for a refund on TARP, TSLF, QE, and every other alphabet soup government program/entity created to protect us from our own greed and even further, to keep us out of the next mess? If you really think that is going to work, just go find the nearest Greek immigrant and ask them how things are going back in the homeland. If you can’t find a Greek, a Spaniard or Italian will also suffice.
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Thursday, March 07, 2013
US Recession Began in Mid-2012 / Economics / Recession 2013
Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, told Tom Keene and Sara Eisen on "Bloomberg Surveillance" this morning that a U.S. recession "began around the middle of last year.
Achuthan said, "the entire West is in the yo-yo years. They have all been having growth stair stepping down. It is very weak growth with higher cycle volatility which will give you more frequent recessions."
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Friday, January 25, 2013
Can U.S. Economy Avoid Recession in 2013? / Economics / Recession 2013
Diane Alter writes: The U.S. economy is currently two-for-two in its attempts to skirt recession 2013.
The first came after we narrowly avoided a tumble over the fiscal cliff with a down-to-the-wire deal on New Year's Day. The second came Wednesday with the passage of a three-month extension on raising the debt ceiling.
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Thursday, December 06, 2012
Finger Prints of Recession 2013, Recipe for Economic Disaster and Investor Opportunity / Economics / Recession 2013
The verdict is in and the man-made disaster that is creeping socialism just got a green light in the world’s largest economy! The SOMETHING for Nothing society known formally as the United States of America and controlled by what Vladimir Lenin called USEFUL IDIOTS (products of centrally controlled public schools taught the VIRTUES of socialism as beneficial) have now elevated their chosen REPRESENTATIVES as slave masters (at the point of a government GUN) to the last vestiges of the private sector that still produce more than they consume.
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Sunday, December 02, 2012
U.S. Recession 2013 100% Risks Follow On / Economics / Recession 2013
Courtesy of Doug Short : Professor Piger updated his recession probability model that caused so much attention early November (See “Debunking 100% probability of recession“). As we forecast last month, the probability index undertook a “revision” of epic proportions as displayed below (01-Dec-12 vintage):
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Saturday, December 01, 2012
Is the U.S. Economy Already Beginning to Stumble Again? / Economics / Recession 2013
As it has in each of the last three years, the economic recovery in the U.S. stumbled this summer, prompting the Federal Reserve to provide another round of stimulus, QE3, in September.
For the last several months it seemed like it wasn’t needed, as subsequent economic reports for August and September indicated the economy was recovering nicely on its own.
Monday, November 19, 2012
U.S. Recession Forecast 2013 / Economics / Recession 2013
Martin Hutchinson writes: Everyone is worried about the damage the "fiscal cliff" might do to the U.S. economy in 2013, but the reality is that's only one of the potential problems in our 2013 U.S. Economic Forecast.
At present there appears to be four problems-- aside from the fiscal cliff-- that could throw the U.S. economy into recession in 2013.
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Tuesday, November 13, 2012
An Economic 'Sell' Signal by Christmas? / Economics / Recession 2013
With the U.S. presidential election out of the way, the economy has taken center stage lately and for good reason: the economy typically benefits during a presidential election year while the 4-year Kress cycle is also peaking. The latest economic reports strongly indicate that the U.S. consumer has benefited (or at least feels he has benefited) from this year's presidential cycle and the loose money it typically brings.
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Thursday, October 18, 2012
Recession Proof Your Portfolio: Buy Gold, Reduce Exposure to Stocks; Mild Recession? / Economics / Recession 2013
Inquiring minds are playing an interesting video on Yahoo!Finance with Robert Wiedemer, managing director at Absolute Investment Management and the co-author of the book The Aftershock Investor.
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Wednesday, October 17, 2012
Global Economic Quiet Ahead of the Post U.S. Election Storm / Economics / Recession 2013
While the media world is abuzz with last night’s Presidential debate, I’d like to cut through the noise and present you with two truly staggering facts that need to be kept in mind as the backdrop for the US Presidential Election
Fact #1: EU leaders have stated point blank that they were asked to keep things quiet until after the election.
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Wednesday, October 03, 2012
Mounting Evidence for Econcomic Recession 2013 / Economics / Recession 2013
David Zeiler writes: Don't worry about scanning headlines every day to determine the U.S. economy's chances of entering a recession in 2013.
We already know the answer.
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