12-03-2019 19:13
Dow Jones Perma-Bear: CPI Just Flashed a Major Recession Signal
Another warning light is blinking on the dashboard of the US economy. This time it is the inflation-tied Consumer Price Index (CPI) which has the bears scurrying for their bomb shelters. David Rosenberg, a so-called perma-bear, was filling Twitter feeds with his unique brand of doom and gloom for the Dow Jones and wider US stock market. Gluskin Sheff Economist: CPI Data Portends Recession Today's CPI data confirmed that the peak in core inflation has been turned in. The YoY trend peaked either j
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