The chart of the week is courtesy Mike Shedlock via SafeHaven and looks at real Gross Domestic Income (GDI) in the US. Every time GDI has turned negative we have had pretty significant slowdowns or recessions. The GDI has just entered negative territory indicating another major slowdown is just around the corner:
Desjardins Global Asset Management Inc. Sells 28,974 Shares of Apollo
Global Management, Inc. (NYSE:APO)
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Desjardins Global Asset Management Inc. lessened its holdings in shares of
Apollo Global Management, Inc. (NYSE:APO – Free Report) by 91.1% during the
4th ...
14 minutes ago