3 Charts That Point To A Recession

posted in: Copper | 0

There are mounting signs that all is not well with economic growth prospects in 2016. Here are 3 charts that point to a looming recession (we could have added many more….):

  • We are witnessing a drop in rail data that has historically always either coincided or slightly preceded recessions




  • Consumer spending growth is set to slow to a trickle




  • Dr. Copper plunged below $2/lb this morning – the last time copper prices were this low was during 2009 when the economy was in recession