Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

Fed’s Measure Says A Recession May Be Around the Corner

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

Despite the confidence in recent Fed-speak (aka, jawboning), a downturn that could lead to a recession may be looming, meaning the central bank’s next step very likely will be a rate cut.

Liquidity moves markets!

Follow the money. Find the profits! 

The Chicago Fed National Activity index turned negative in February and has stayed there, with industrial production following suit. The index has accurately predicted a downturn in U.S. economic growth for the past 30 years, 3 of 4 times foreshadowing a recession. It’s also predicted the health of the manufacturing industry, preceding changes in production.


Bear in mind that the The Chicago Fed National Activity index was negative in 2013/2015. But The Fed has been RAISING rates as the Chicago Fed National Activity Index has slowed.


Is Ken Snyder the Chairman of the FOMC?


Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. I may receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.

Try Lee Adler's Technical Trader risk free for 90 days! Follow the money. Find the profits!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.