Everyone expects bad new, just not this bad. Industrial production dropped 5.4 percent in March, exceeding expectations for a 4.2 percent decline. It was the biggest fall since January of 1946, after World War II ended and we stopped making weapons, and the 5.9 percent year-on-year (YOY) drop is the biggest since November 2009.
Blog Archive
-
▼
2020
(100)
-
▼
April
(16)
- The U.S. Needs More Savings
- Two Wrongs Do Not Make A Right
- How Long Before A Currency Crisis?
- Gold Stocks Are The Perfect Hedge
- Market Update: Stock Market, Federal Reserve and S...
- U.S. Economy: Breaking Records
- Stock Market: The Real Nominal Bottom
- Gold Is One Of The Best Bargains One Can Buy
- All The Government Is Doing Is Printing Money
- Earnings, JP Morgan Chase & Credit Cards
- Housing Prices: Look Out Below!
- A Few Thoughts On The Current Crisis
- This Rally Is All About The Fed!
- China Will Buy Oil, Not U.S. Treasuries
- U.S. Economy: There Is No Way To Go Back To Where ...
- Record Initial Claims
-
▼
April
(16)