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Why A US Recession ‘Might Yet Arrive After All’
Albert Edwards suspects a US recession might be just around the corner.
You could've written that sentence at any point over the last 30 years. I could be wrong about this -- and Albert will probably correct me if I am -- but I don't think there's been a single year going back three decades during which Edwards didn't suggest, at least once, that a recession was in the offing.
On Wednesday, Albert pointed to the (admittedly tight) relationship between a key ISM manufacturing spread and earning
I wonder why he used NASDAQ instead of S&P 500.
Good question.
Nasdaq…. Semiconductor orders?… or is it an apples and oranges (ie less than ideal) graph?
Ie FANG represents 35% of total Market so Nasdaq is all the more appropriate?