On the heels of a huge rally in the crude oil market, one of the most reliable signals ever has just triggered a collapse warning on the economy.
The following is a portion from a Bloomberg piece: “In August, domestic heavy-truck sales fell 29 percent from the same period of 2015, the weakest month in well over three years. Any drop that dramatic could always be an anomaly, but heavy-truck sales have been slipping for two years. Broad weakness in this category has historically been a reliable hint that a recession is on its way.
… Weak truck sales have sometimes given false signals about a recession over the last 30-odd years. But the sheer size of this August’s drop looks different. We’ve never seen a plunge this steep that didn’t foretell a recession.
BONUS INTERVIEW: To listen to a special interview that has recently been released with Keith Neumeyer discussing $8,000 gold and the coming mania in the gold, silver, and mining share markets CLICK HERE.
***KWN has now released the remarkable interview with the man who helps oversee $180 billion and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***Also just released: Look At The Remarkable Flight From The U.S. Dollar CLICK HERE.
***KWN has just released an absolutely jaw-dropping interview with the man who advises the most prominent sovereign wealth funds, pension funds, hedge funds, and institutional funds in the world and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
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