6 replies to this topic

[dharma]

2013: US real GDP averaged 2.68%
2014: US real GDP averaged 2.53%
2015: US real GDP averaged 1.88%
2016: So far US real GDP has averaged 1.1% continuing the trend of declining growth
2017: US real GDP projected to fall below 1.0%


US Monthly Payrolls:
2013: averaged 273K
2014: averaged 251K
2015: averaged 229K
2016: so far have averaged 178K!

chain store closings

Aeropostale: 113 store closings
American Eagle: 150 stores
Chicos: 120 stores
The Children's Place: 200 stores
Finish Line: 150
Hancock Fabrics: ALL of its 255 stores (which filed for bankruptcy)
Macy's: 100 stores
Men's Warehouse: 250 stores
Office Depot/Office Max: 400 stores
Sears & Kmar: 142 stores
Sports Authority: All of its 140 stores (which filed for bankruptcy)
Walgreens: 200 stores (between 2015 and 2017)
Walmart: 154 stores
Wolverine World Wide: 100 stores

restaurants
http://www.wsj.com/....get-burned-by..

what i am bringing out here is we have slipped into a recession in spite of what the politicians say!

dharma

[senorBS]

gotta wonder if this is the "new normal"? Mature economy struggling with heavy social/welfare costs and so far no great new innovation to spur growth

[dharma]

gotta wonder if this is the "new normal"? Mature economy struggling with heavy social/welfare costs and so far no great new innovation to spur growth

The business cycle is about 8 yrs long... it's long in the tooth..
growth is fading while inflationary pressures grow... totally normal at the end of the cycle... and very good news for gold!

[dougie]

gotta wonder if this is the "new normal"? Mature economy struggling with heavy social/welfare costs and so far no great new innovation to spur growth

Struggling with trillion dollar wars of aggression

[Smithy]

Dharma, do you have a link for that information? Fascinating.

[dharma]

compiled by a friend. sorry smithy.
so in spite of all the talk, we are in or heading into a recession!
dharma

[pisces]

Yes those stats are saying it all , but they are kept by the media on the back page [or behind the curtain so to speak]

if politicians or the Fed could do anything about them ,they would,but they cant.

what they can control is the Stockmarket.  so that is what they do , for the wealth effect.

Recessions are not allowed anymore neither are Bearmarkets.the talk about raising rates is a bunch of hogwash save a .25% every few years to save their credibility which is nonexistant.so if you are saying the market cant double from here ,be careful. traders are complaining over on FF.yes i think it is the new normal.small setbacks are allowed to relieve the preassure then a series of overnight gaps

mostly to the upside etc , etc.

How long can they keep it up , i have no idea,i think it will be resolved by a monetary reset or world war down the road.  too many other things fit , where is the volume that was to come in after Labor day.the majority of traders are gone.its mostly robots,programs and hedgefunds [many had huge hiccups lately]

lets face it THINGS HAVE CHANGED.   BTW this is not some forecast , just my take of the situation or my occasional rant.  GLTA...