John Pitera's Market Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

Davy Crockett

roguedolphin

To: Davy Crockett who wrote (16906)	4/2/2015 8:21:22 PM
From: isopatch	2 Recommendations Read Replies (1) of 33421

Recessions become official once there's been two consecutive calendar quarters of contraction. So...only 2 months more to the downside before another Global Recession is confirmed. Iso <Goldman Confirms Global Economy Enters 4th Month Of Contraction Submitted by Tyler Durden 04/02/2015 18:30 While global equity markets hover near record-er highs, global GDP growth expectations have erased their February dead cat bounce hopes and tumbled back towards cycle lows. This is all confirmed by the latest data from Goldman Sachs whose Global Leading Indicator remains mired in "contraction" for the 4th month in a row... The death cross... deathier crosses... Confirmed by 4 months in a row of "contraction" in the global economy based on Headline down, Momentum down The March Final GLI came in at 1.2%yoy, down relative to the February reading. Momentum came in at -0.10%mom, down slightly from last month’s (now-revised) reading of -0.09%mom. We currently estimate that since December, GLI growth has been negative and in decline, which defines the ‘Contraction’ phase. March Components Mixed Six of the ten underlying components of the GLI deteriorated in March. Global PMI and the AUD & CAD TWI aggregate came in softer for a fifth consecutive month. Korean exports and the Japan Inventory/Sales Ratio also worsened this month, and Global New Orders Less Inventories and the S&P GSCI Industrial Metals Index® also came in softer in March, continuing declines since December. On the positive side, US Initial Jobless Claims, the Consumer Confidence Aggregate, the volatile Baltic Dry Index and the Belgian and Netherlands Manufacturing Survey all bounced back in March after worsening in February.> zerohedge.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next