"The stock market, however, is a strong leading indicator of investor expectations of growth over the next 12-months. Historically, stock market returns are typically favorable until about 6-months prior to the start of a recession."
"...global and US exports, manufacturing and freight shipments have ALL be telling us for months that a recession/depression is on the way. The export crash was not only limited to the US and China, multiple top economies including Japan and Germany have been witnessing extensive declines in manufacturing and export demand."
"Quarantines prevent work. Finished products and parts cannot be made and shipped. Sales cannot take place without products to sell. Without revenues companies cannot pay employees and other expenses. Incomes decline across the world. Companies go bankrupt."
"When Mark Carney, a central banker, is showing us maps of Florida before and after a 9 foot rise in global sea levels, the whole climate change narrative hasn’t just jumped the shark, it’s carved it up and served it for dinner."