Browse By

First Recession Alarm Rings

By Rick Pendergraft

Image Hosting by Picoodle.comDear Reader,

“Economists have correctly predicted nine of the last five recessions.”
Paul Samuelson, Economist

In a radio interview last Saturday, the hosts asked me if I thought we would head into a recession in 2008. I answered that I didn’t think so; I think we see a slower economy, but not an all-out recession.

I still think this is the case, but there was an alarm that sounded on Thursday that has me concerned.

I have written about the Leading Indicators report in the past. The report is believed to predict whether the economy is heading for a recession.

The predictions are based on two parts. The first part is that the six-month cumulative total reaches -1.0 percent. The November report came in at -0.4 on Thursday, putting the six-month cumulative total at -1.2 percent. This is the first six-month reading below – 1.0 percent since 2001.


Recession in 2008?

Here’s how to Make a Fortune!

It is often said that stocks take the stairs on the way up… and the elevator on the way down. It’s true. When investors hit the panic button, look out below. And there are a lot of signs to suggest more downside is on the way in early 2008.

Are you prepared to profit if this happens? Is your portfolio protected? Either way, you’ll want to learn about a trading service that can provide protection – an advisory that has already produced gains of 203%… 129%… and 101% in just the last few months.

To learn more, please continue reading…

The second part of the recession alarm is to have three straight months of negative readings. From February to September, the readings alternated from positive one month to negative the next. However, we now have two straight negative readings in October and November.

The December report will be released on January 18. Should we get another negative reading, both alarms will be ringing.

This report has correctly predicted every recession over the past 50 years. It has also predicted five other recessions that never developed.

Because it has sounded a false alarm so many times, I don’t think it is time to panic just yet. But you will certainly want to keep an eye on future readings. If you combine this report with the chart of the S&P 500 that I keep showing you every few weeks, you should be well prepared for the coming year.

Good luck and good trading,


P.S. To let me know what you thought of today’s article, send an e-mail to:


Sumber: Investors Daily Edge

Related Posts Plugin for WordPress, Blogger...
  • Real Estate Internet Marketing

    Great idea.

  • albert nine

    thanks for the nice information which you have shared it will be very helpful for an economy to boost up

  • natural tinnitus cure

    That is all right

  • Joshua Monesson

    I always was interested in this topic and still am, appreciate it for putting up.

  • Moziko wind

    great points altogether, you simply won emblem reader. its really an great idea as well as a gr8 effort

  • stephanie betesh

    still feeling the heat in 2011 .. situation will be worse in coming years

  • alamance county martial arts

    Just read approx 3000 employees from bank of america will be fired…what next then 

  • air conditioner repair LA

    some are getting there jobs back u cant call it that the company is hiring

  • Wedding Videography San Diego

    following are a couple of listings to sites which we link to because we think these are really worth checking out

  • LA Director of Photography

    seems many more to come GDP is declining in every quarter

  • Dominican hospital Santa Cruz

    worse to come 

    • increase facebook fans

      Agreed 2 u mate

  • photo studio los angeles

    I will just go and do a test to see if my management is working well. Thanks.   

  • Jos teret