Friday, March 6, 2015

Chart Of The Day: Recession Dead Ahead?


zerohedge.com / by Tyler Durden / 03/05/2015 11:21
The chart below showing the annual increase, or rather, decrease in US factory orders which have now declined for 6 months in a row (so one can’t blame either the west coast port strike or the weather) pretty much speaks for itself, and also which way the US “recovery” (whose GDP is about to crash to the 1.2% where the Atlanta Fed is modeling it, or even lower) is headed.
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