Bill Gross: U.S. Already in Recession [View article]
I have to agree with Bill.
I've graphed the ratio on Non-Durable Goods to Durable Goods Consumption and how this ratio behaves into Mid -Recessions in the past.The level of this ratio now is compatible with past recessions.
Bill Gross: U.S. Already in Recession [View article]
I've graphed the ratio on Non-Durable Goods to Durable Goods Consumption and how this ratio behaves into Mid -Recessions in the past.The level of this ratio now is compatible with past recessions.