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The U.S. Is Entering A Recession Right Now. Here’s Why.

If this post didn’t make you think I was crazy – or this one – today’s likely will.

Despite the new highs and the great growth and yada yada yada ….we are on the brink of a recession. I have the numbers to prove it.

And the numbers don’t lie.

Data on Federal tax collections comes to us in real time every day, courtesy of the US Treasury. This is unmassaged real data, not the endlessly finagled economic data put out by various other US government agencies. Tracking the tax data regularly enables us to see how the US economy is actually behaving, versus how the government wants you to think it’s behaving.

That’s important because the current data tells us something really big about the US economy that nobody knows yet. It won’t show up in the official GDP data for months, but it could rock the markets and cause the Fed to change course.

Here’s the big news.

The post The U.S. Is Entering A Recession Right Now. Here’s Why. appeared first on Lee Adler’s Sure Money.