The Fourth Recession Red Flag - Is There a Boom in the Economy?

The fourth recession red flag was actually, you know, what was the booming sector of the economy? Durable goods spending, retail sales were booming like crazy. So a lot of people hired more people for that massive increase in demand or how I call as the peloton effect. And we always have to remember back in 2015 and 16, we had a genuine manufacturing recession in America when oil prices crashed. We still have job growth every month during that period. It's the entire general economy goes down. This is why industrial production falls consumption falls. Everything falls together in a recession.