Three Things: “R” Signs, Looks Like 2008, QE-4
Thursday, January 21, 2016 8:28
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by Lance Roberts
Real Investment Advice
Warning Signs Of A Recession
In late 2007, I was giving a presentation to a group of about 300 investors discussing the warning signs of an impending recessionary period in the economy. At that time, of course, it was near “blasphemy” to speak of such ills as there was “no recession in sight.”
Then, in December of that year, I penned that we were either in, or about to be in, the worst recession since the “Great Depression.” That warning too was ignored as then Fed Chairman Ben Bernanke stated that it was a “Goldilocks Economy.” The rest, as they say, is history.
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