rigel

Options Trader: Tuesday Outlook

Your argument is not consistent. You first state that our real inflation is almost 12 percent, then you say that since our official growth is 0.9 that we are not in a real recession? The deflator on that GDP report was less than 2. It should have been 12 according to your own assertion. That puts us in a fairly deep recession, even compared to the 1980 one.