"How bad was the Philly Fed Survey? It fell from +3.2 to -30.7. A reading that low has ALWAYS signaled that a recession was coming in the near future. Now tack on that to the recent Consumer Sentiment reading which also has historically ALWAYS led to a future recession. And just for good measure consider that the more broadly used ISM surveys both point to contraction."
From Zack's;
Started by
slupert
, Aug 19 2011 07:11 AM
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