US economy is rapidly slowing
The recent economic data points towards an undesired direction: recession
Before you start reading, some supplemental data to the US economy analysis has been also included in the below articles:
The United States has experienced an acute deterioration in economic activity in the last several weeks. This is most evident when looking at the US labor market and some leading economic indicators.
Many investors try to forecast future events by using leading indicators which is a very useful but difficult task. However, we have to keep in mind that economic cycles repeat themselves over time and experienced investors can exploit this advantage to outperform the majority of market participants.
This is why it is key to correctly interpret these kinds of metrics. And now, they provide a pretty grim picture. The next part of the analysis reviews the aforementioned leading indicators as well as other important parts of the US economy, including traditional gauges. This article covers:
1) Consumers’ financial shape
2) Labor market
3) Services and manufacturing sector
4) Small businesses
US CONSUMER IS NOT STRONG ANYMORE