Monday, March 21, 2016

Fear In The Economy Reaches An All Time High

 Consumer confidence tumbles to 5 month lows. More retail stores reporting declining sales.Caterpillar sales decline and the companies revenue declines at the same time. Fear indicator surges to record highs. The economy is collapsing and investor are nervous. US rebound in manufacturing is an illusion, the economy is not improving. Baltic Dry Index is around 395. Bernanke says the economy is fine and tells everyone to stop worrying about negative rates. The free trade agreement do not add jobs to the economy.

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