David Littman
David Littman
indicator leading lied next percent recession
Our leading indicator - the one that's never lied to us like the politicians - suggests only 23 percent probability of recession over the next 12 months, that's very low.
consumers creation economic economy events job oil outlook people prices recognize stronger
People recognize that the economy is getting stronger and job creation is more in their favor, but the outlook is impaired by oil prices and events abroad. Uncertainty is overwhelming what consumers know to be better economic conditions.