Next up... recession???

[Cancel 2016.2]

http://www.forbes.com/sites/michael...next-greater-recession-now-baked-in-the-cake/

Founded on Chairman Bernanke’s QE-based money printing programs and now increasingly being driven by private bank money creation too, the US money supply is booming. TMS2 (TMS for True “Austrian” Money Supply), THE CONTRARIAN TAKE’s broadest and preferred US money supply aggregate, posted another double digit year-over-year rate of increase in December, this one coming in at 11.2%. Give or take one or two basis points, that was the 49[SUP]th[/SUP] consecutive month that TMS2 posted a double digit year-over-year rate of increase. This kind of monetary largesse says to us that an economic bust, and a pretty big one is in the offing. Indeed, the last time we saw anything even approaching a 49-month double digit rate string was the 36-month string that gave us the housing boom turn bust turn Great Recession.

But not to worry, toppy says the economy is fine and Dung thinks we should have the government spend even more... so nothing to see here

 

[Jarod]

http://www.forbes.com/sites/michael...next-greater-recession-now-baked-in-the-cake/



But not to worry, toppy says the economy is fine and Dung thinks we should have the government spend even more... so nothing to see here

Forgive me but havent you and your ilk been calling for another recession for just about four years now?

 

[Cancel 2016.2]

Forgive me but havent you and your ilk been calling for another recession for just about four years now?

No

 

[Jarod]

No

Ohh, thats right it was a double dip untill reciently.

 

[Howey]

Forgive me but havent you and your ilk been calling for another recession for just about four years now?

'The idiot that wrote that op-ed has.

The only thing that will bring about another recession is if the republicans allow the government to default.

 

[Cancel 2016.2]

Ohh, thats right it was a double dip untill reciently.

Ok Jarod...

 

[Cancel 2016.2]

'The idiot that wrote that op-ed has.

The only thing that will bring about another recession is if the republicans allow the government to default.

So you ignore all the data in there and attack the author? typical liberal...

 

[The Dude]

http://www.forbes.com/sites/michael...next-greater-recession-now-baked-in-the-cake/



But not to worry, toppy says the economy is fine and Dung thinks we should have the government spend even more... so nothing to see here

How much you want to bet on it?

 

[Howey]

How much you want to bet on it?

I'm in. Put your money where your mouth is, SF!

 

[Bonestorm]

Lol. Maybe we should adopt the policies you promote,SF, and guarantee another recession. Then we wouldn't need this Austrian school bullshit to get there.

 

[Banned]

Congress is going to make recessions illegal.

 

[The Dude]

Recessions happen about every seven years, so neocons will likely get their much prayed for Obama recession!

 

[Damocles]

Congress is going to make recessions illegal.

I heard that debt makes it all better. You should get you some.

 

[The Dude]

Housing prices up 5.5 percent year/year.

 

[Cancel 2016.2]

Housing prices up 5.5 percent year/year.

home sales down 4.3%

 

[The Dude]

home sales down 4.3%

I hope you put your money where your mouth is!

 

[Bonestorm]

home sales down 4.3%

What's the year over year comparison? And what happened with new home starts?

 

[The Dude]

Lol the housing market is recovering nicely!
Supertool's cherry picking is as weak as usual!

 

[Airstrip One]

I think interest rates on houses are finally starting to climb above 3.75% Glad I bought just in time.

 

[Bonestorm]

I think interest rates on houses are finally starting to climb above 3.75% Glad I bought just in time.

Average 30-year mortgage rate bottomed out in December. Whether it goes up remains to be seen: