Signs Of Economic Stress

In bringing up 10 signs of economic stress, the dots are admirably connected in an excellent missive on Mish's GET Analysis blog.

1) Trade War Threats
2) States ignoring federal laws over monetary concerns
3) Real wages falling
4) Job growth stalling
5) GM funding problems
6) Earnings estimates postponed because "the markets are too unpredictable"
7) Credit spreads are widening
8) Bond offerings have been shelved
9) High volume breakdown in the financial sector stocks
10) High volume breakdown in liquidity driven momo stocks

Included is a tellling on air quote from the CEO of Annaly Mortgage Mangement, "We are witnessing a slow motion car wreck in credit. GM was just the first to go through the windshield." Get over there and check it out.

Signs of Economic Stress

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