drbubb Posted September 5, 2019 Report Share Posted September 5, 2019 RECESSION WATCH & WARNINGS Yield Curve ... update : 30yr : 10yr-TNX : 2yr : / 2 / ISM Manufacturing PMI Hits 49.1%, Officially Contracting... U.S. Consumer Sentiment Falls Most Since 2012 on Trade Fears Link to the report: www.instituteforsupplymanagement.org/ismreport/mfgrob.cfm?SSO=1 If anyone was wondering why the market dipped again after 10AM here’s why. Trade policy concerns and supply chain impacts are being cited as some of the largest reasons for slowing orders and leaner inventories. This is one of the indicators the FOMC is going to be looking at when they make their next rate decision and this is the first time this particular indicator has been in contraction territory in years. / 3 / Sharpest decline in new work since March 2009 New orders fall at fastest pace for over ten years in August… Mass Layoffs Are Back. Are You At Risk? today’s US companies are as or more dangerously leveraged than ever before. More than $9 Trillion of debt now burdens the balance sheets of America’s corporations: As growth continues to slow and corporate profits decline, debt service takes up an ever-greater percentage of cash flows. At some point, headcount cuts become unavoidable. The Robot Took My Job On top of that, as we’ve been long warning about here at PeakProsperity.com, employers currently have a tremendous perverse incentive to automate and replace human labor with technology. LINKS ART thread : Link to comment Share on other sites More sharing options...
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