We Need To Address This Immediately

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#oil  #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #creditcrunch
Forward-looking data for services as well as manufacturing continue to indicate recessionary trouble ahead. But they've been doing that for quite some time already, leaving many to tune them out as just background noise. History shows doing so is a mistake, as PMIs quite often turn negative many months prior to the worst times when everyone agrees recession is in place. And with current services estimates where they are, it might not take much longer to reach it this time. 

Eurodollar University's Money & Macro Analysis

Bloomberg: Stocks Flash Recession Warning as Trouble Spreads to Industrials
https://www.bloomberg.com/news/articles/2023-09-24/stocks-flash-recession-warning-as-trouble-spreads-to-industrials

Texas Manufacturing Outlook Survey
https://www.dallasfed.org/research/surveys/tmos/2023/2309#tab-comments

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