About The Coming Recession

The comments below are an edited and abridged synopsis of an article by Larry Kummer

About The Coming Recession | BullionBuzz

The US and global stock markets have fallen, with the usual hysterical headlines (it is up 6.1% before dividends over 12 months, up 0.6% YTD, down 7.3% from the October 3 peak). Are equity investors telling us something about the economy? The answer might shake America – businesses, households, and Washington DC. Current expansion of 112 months and counting from the 2009 trough (the second longest), and 130 months from 2007 peak (the longest) continues to run strong. When will the growth end? What happens then?

Up for discussion: Do economic expansions grow old and die?

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