Saturday, August 3, 2024

IN the NEWS - Indicators Flash Recession

And this gospel of the kingdom shall be preached in all the world for a witness unto all nations; and then shall the end come. Matthew 24:14

There are now 2 Indicators Flashing RECESSION. One was a few weeks ago when the inversion curve began to un-invert which
indicates a Recession within 6 months and now the Sahm Rule which always precedes a Recession.
Q: Will this one be the last (if you know what I mean)?
Q: Will it be a collapse in the next few months that ushers in as a "solution" programable digital currency (enabling the government to control buying and selling)?
---The only reason I bring this up is considering the STRANGE events of the Last Month in American Politics and the Global Stage.
See Links Below:
IN the NEWS - What's going on? Very strange Times in America
SDA Issues - Trump assassination attempt
Behind the Veil of the Seen and Unseen


Recession Triggered: Payrolls Miss Huge, Up Just 114K As Soaring Unemployment Rate Activates "Sahm Rule" Recession
"BLS reported that in July, the US added just 114K payrolls, a huge miss to expectations of 175K and also a huge drop from the
downward revised June print of 206K, now (as always) revised to just 179K. This was the lowest print since December 2020... Cluadia Sahm indicates, a recession has now been triggered. The rule, for those who don't remember is that a recession is effectively already underway if the unemployment rate (based on a three-month moving average) rises by half a percentage point from its low of the past year. And that's what just happened, with the unemployment rate surging 0.6% from the year's low."
ZeroHedge

Global stock market meltdown as fears grow US economy will 'collapse'
"Shares across the world tumbled Friday - as investors panicked over
signs of weakness in the U.S. economy.... the US economy is spluttering. Worry is mounting that the Fed has kept its main interest rate at a two-decade high for too long in its zeal to stifle inflation by making it more costly to borrow. A rate cut could take months to a year to filter through the economy."
MicroSoftNews
at