[Cog]

Someone has highjacked copious abundance's account or he is ripping off the original.

[copious.abundance]

Just think Cog, if you were as smart as me you'd know when to get bullish and when to get bearish.

You shoulda gotten bullish back in 2010 and 2011 when you were still a doomer. Now it's too late!

[marmico]

Why in the world would someone pick a 19 week exponential moving average?

Cherry picking lagging indicator data at its finest, is my guess.

The latest leading indicator data from ISM PMI manufacturing:

“The past relationship between the PMI® and the overall economy indicates that the PMI® for January (56.6 percent) corresponds to a 4-percent increase in real gross domestic product (GDP) on an annualized basis,”
https://www.instituteforsupplymanagemen ... .cfm?SSO=1

I guess the economy will grow 2% SAAR in Q1, 2019.

[copious.abundance]

As the guy noted, he backtested his methodology going all the way back to 1948.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('copious.abundance', 'A')s the guy noted, he backtested his methodology going all the way back to 1948.

[copious.abundance]

There are other models out there signalling that a recession is getting pretty close.

I'll keep y'all updated in this thread.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('copious.abundance', 'T')here are other models out there signalling that a recession is getting pretty close.

I'll keep y'all updated in this thread.

[Cog]

If he says buy gold and a newsletter, we will know. LOL

[onlooker]

The world’s mounting debt crisis must solved before it blows up in our face

The lack of an exit strategy from the monetary excess is catching up with the worldThe QE largesse did not go into investment and consumption but it did prop up financial institutions that were swaying on the edge of the abyss



https://www.scmp.com/business/banking-f ... s-our-face

[Ibon]

$this->bbcode_second_pass_quote('onlooker', '[')b] The world’s mounting debt crisis must solved before it blows up in our face

[onlooker]

$this->bbcode_second_pass_quote('Ibon', '')$this->bbcode_second_pass_quote('onlooker', '[')b] The world’s mounting debt crisis must solved before it blows up in our face

[asg70]

$this->bbcode_second_pass_quote('Outcast_Searcher', '
')We know what the fast crash doomers will do -- same as they always do.

[copious.abundance]

$this->bbcode_second_pass_quote('Outcast_Searcher', 'F')ine. What do you propose we DO with that information?

[marmico]

The Conference Board LEI did not turn down in January 2019, flat since October 2018.
https://www.conference-board.org/pdf_fr ... 202019.pdf
The time....has not arrived.

[onlooker]

Oh it has.
43% of U.S. households can’t afford the basics
https://bigthink.com/brandon-weber/offi ... 1550731842

[Ibon]

$this->bbcode_second_pass_quote('onlooker', 'O')h it has.
43% of U.S. households can’t afford the basics
https://bigthink.com/brandon-weber/offi ... 1550731842

[Cog]

You would be accused of being a non-caring monster if you would suggest the poor in America should have just the basics.

[Ibon]

$this->bbcode_second_pass_quote('Cog', 'Y')ou would be accused of being a non-caring monster if you would suggest the poor in America should have just the basics.

[onlooker]

Ibon, the Corporations are currently making too much profit to willingly change. And since the Govt aids and abets the corporations, nothing much changes. They afterall are prime movers of society. But I do expect big changes to happen once peak oil really bites.

[marmico]

Hmmm.... I thought this thread initiated by copious was about the business cycle and turning points. But do carry on with your grocery lists.

The lower half of the US income distribution is doing fine - about a 1% real increase in annual income over the last 50 years. It would have been 1.2% if those retards at the top of the income scale didn't make hand held computers for the grandson of the 1962 Mississippi sharecropper.