One Of The Most Reliable Signals Ever Has Just Triggered A Collapse Warning On The Economy

Wednesday, September 28, 2016
By Paul Martin
September 28, 2016

On the heels of a huge rally in the crude oil market, one of the most reliable signals ever has just triggered a collapse warning on the economy.

The following is a portion from a Bloomberg piece: “In August, domestic heavy-truck sales fell 29 percent from the same period of 2015, the weakest month in well over three years. Any drop that dramatic could always be an anomaly, but heavy-truck sales have been slipping for two years. Broad weakness in this category has historically been a reliable hint that a recession is on its way.

… Weak truck sales have sometimes given false signals about a recession over the last 30-odd years. But the sheer size of this August’s drop looks different. We’ve never seen a plunge this steep that didn’t foretell a recession.

The Rest…HERE

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