RECESSION - Is It Becoming A Real Possibility in 2015!

Getting a Lot of Early Signals Suggesting it Maybe In the Cards!

ARE WE ALLOWED TO USE THE "R" WORD??

• Fed’s Beige Book shows concern over consumer spending, oil MW
• U.S. Retail Sales Down Sharply, Likely Cuts to Growth Forecasts Ahead BL

GLOBAL GROWTH PROBLEMS NOW BLATANT

All the Commodity Economies are Now Hurting - Emerging Markets, South America, Australia, New Zealand and Canada

• Is a global economic recession coming? Copper price say 'yes' Guardian
• Ing Warns Of Cascading Series Of Global Defaults King

CHINA HAS PROBLEMS - If You Look Under The Covers

1) IP & Power Production

2) Steel & Cement Production

3) Construction

4) Housing

EU COUNTRIES HAVE BEEN IN CONTINUOUS RECESSION

THE CATALYST

Maybe#1 chart to watch for 2015... The spread between 10-year UST & 10-year German Bund yields: *Red circles

NOTE THE RECESSION BARS ABOVE AND BELOW & RED CIRCLE CORRELATION

HISTORICAL PATTERNS SUGGEST IT IS TIME!!

Gordon T Long    

Publisher & Editor

general@GordonTLong.com