Wednesday, July 27, 2011

USA Headed for Second Recession?

Are we headed for a Second Recession?

Per article posted by Streettalklive, the following indicators show high likelihood:


1. Chicago Fed National Activity Index - a small step to crossing the 35 mark, which has always been a pre-cursor to recession.










2. Graph of Real GDP Growth - shows downward growth heading to below 2% line, which has been indicator of a recession in the past. Almost every drop below this line has led to a recession since 1947.


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