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S&P To Fall 20%+ Once Markets Stop Deluding Themselves About A 'Soft Landing' | Alf Peccatiello

Wealthion - Be Financially Resilient

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The Top 10 Leading Indicators

The top 10 leading indicator index from the conference board that has 100% hit rate on anticipating recessions and that thing basically is screaming recession ahead at this point. 80 plus percent of housing transactions are backed by a mortgage so we're talking about a highly leveraged market very prone to changes in interest rates, and also a significant portion of the employment. It's really frozen and it's frozen because the marginal buyers cut out of the market he can't afford it. And then the high house prices on paper are still too high.

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