The chart of the week is courtesy Mike Shedlock via SafeHaven and looks at real Gross Domestic Income (GDI) in the US. Every time GDI has turned negative we have had pretty significant slowdowns or recessions. The GDI has just entered negative territory indicating another major slowdown is just around the corner:
Real Madrid’s Ancelotti Praises FC Barcelona Youngsters Ahead Of El Clasico
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Real Madrid coach Carlo Ancelotti praised FC Barcelona teenage prodigies
Lamine Yamal and Pau Cubarsi ahead of El Clasico between the two arch
rivals.
11 minutes ago