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Strategies & Market Trends : John Pitera's Market Laboratory

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From: isopatch	2/21/2016 11:22:11 AM
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Conclusion from a longer analysis and commentary by the Alhambra Investment Partners money mgt. firm. Well worth reading the whole thing, IMHO. Time very limited, so can't stick around and brain storm with you guys, though I'd enjoy that. . All the best to everyone, Isopatch <If it looks like a recession from so many different angles, chances are very good that it is. It is so consistent that even the stock market has finally awoken. The problem, the real problem, is as Nordstrom’s struggles suggest with inventory – it is only beginning. And that point is echoed in “tightening of credit conditions” which haven’t truly tightened in any relatively meaningful way yet. The OECD, for one, is right to be suddenly alarmed, though, as usual, it would have been far more helpful and relevant last year instead of further fostering the absurd notion of “transitory.” Like Bernanke was in his turn, Yellen will be the last to admit it.> http://www.alhambrapartners.com/2016/02/19/widespread-and-worse/

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