Off-Topic: More bad economic news
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Name:
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MartiniMan
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Subject:
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More bad economic news
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Date:
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2/3/2016 8:31:18 AM
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As I have repeated often, the average time between recessions is 57 months and this weak recovery is getting very long in the tooth. Below is another hint that one may be coming. Combine that with the lackluster GDP growth, stagnant wages and low labor participation rate and it may be inevitable.
We have implemented our recession planning for our company. The good news for our industry is we tend to lag a recession but also lag the recovery. I am hoping this is a false warning and it holds off for a while as the last 7 years have been enough of a grind.
http://news.yahoo.com/u-ceos-unleash-recession-fears-earnings-calls-190343404--sector.html
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