The Entire US Economy Is Now Signalling An Economic Collapse
December jobs soared according to the BLS, but when one looks closer at the data a person with multiple part-time jobs is counted multiple times to push the employment numbers up. Automakers are channel stuffing the dealers, wholesale to inventory ratio is signalling a depression. Retail stores report sales are absolutely horrible this year. The Baltic Dry Index continues to implode. The first 5 business days of this year have been a disaster for the economy and the stock market.