X22 Report:The real economy is in recession mode, trucking and rail traffic has been declining. Smart money leaving the market for 16 weeks in a row.
IMF proposes debt relief for Greece until 2040 because the debt is unsustainable. Protesters in Paris riot over labor reform bill. Housing bounce is just that a bounce which has no strength behind it. Industrial production was revised to give the illusion everything is back on track, actually it is worse than ever. The real economy is in recession mode, trucking and rail traffic has been declining. Smart money leaving the market for 16 weeks in a row. US releases Saudi Treasury holding which doesn’t represent the entire picture. Senate passes 911 bill it now moves to the house.