Economic data just released shows a US economy in a fresh slowing phase. In fact, pointing toward an immediate recession. The impact for the stock market and the dollar is one of opposite directions.
US Stock market, Property and the Economy, are all in decline.
The expected Stock Market ‘Crash of 23’, by some 20% to 30%, may well be starting early.
It’s looking a lot like a Santa rally for the Bears!
The US economy is faltering badly, heading immediately back into economic contraction. On the day, we saw data released showing Retail Sales, Manufacturing and Industrial Output were all negative.
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