Double Dip

[Toro]

Philly Fed survey came in at -7. That means manufacturing activity in the area covered by the Philadelphia Federal Reserve Bank contracted in August.

 

[KissMy]

Philly Fed survey came in at -7. That means manufacturing activity in the area covered by the Philadelphia Federal Reserve Bank contracted in August.

Yup, all these surveys have been trending down & gaining momentum. It was just a matter of time until they went negative.

 

[Toro]

Here is a graph of from Consumer Metrics Institute, which is forecasting negative growth. They have had a pretty good track record recently.

 

[antagon]

The countries in red will have a currency crisis within 25 years.

define currency crisis. if china is in the green, my take on this map of opinions is incredulous.