Another “Recession Dead Ahead” Indicator Just Hit

Friday, March 17, 2017
By Paul Martin

by Tyler Durden
ZeroHedge.com
Mar 17, 2017

During the FOMC press conference this week, Janet Yellen was pushed by Bloomberg’s Kathleen Hays to explain why she hiked rates amid what was evidently not a surging economy.

While Q1 looks to be the weakest economic growth period for a rate hike since 1980, today we got some more confirming real-time ‘hard’ data confirming the facts that the US economy is anything but as strong and resilient as Yellen proclaimed it.

Industrial Production has never declined on a 24-month basis without the US economy being in recession…

The Rest…HERE

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