Monday, February 8, 2016
Here's the US recession chart... oh wait....
New Deal Demoncrat - Hint: if your yield curve model says the US was at high risk of recession in the 1960s and 1990s, your yield curve model is crap. Hint: if it's posted on Zerohedge and it supposedly comes from Deutsche Bank, then unless it purports to explain how the German kleptocratic elite plans to enslave all of Europe under the jackboot of German totalitarianism, it's crap.
And I'd just like to add the Atlanta Fed's most recent GDPNow:
Huh. 2.2%, eh?
Anyone remember how US GDP similarly collapsed last winter?