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Who Is Right: Stocks Point To A Half-Recession; Oil Screams A Global Depression

By: capt_nemo in POPE IV | Recommend this post (1)
Fri, 22 Jan 16 4:18 AM | 98 view(s)
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Submitted by Tyler Durden on 01/21/2016 - 13:52

According to stocks, a half-recession is precisely where the US was as of roughly noon yesterday, when the S&P touched an intraday low of 1812. This represents a 15% drop from the all time high close of 2,131 last summer. It also represents half the post-World War II average peak to trough decline around recession, which amounts to roughly 30%.

http://www.zerohedge.com/news/2016-01-21/who-right-stocks-point-half-recession-oil-screams-global-depression

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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