The chart of the week is courtesy Mike Shedlock via SafeHaven and looks at real Gross Domestic Income (GDI) in the US. Every time GDI has turned negative we have had pretty significant slowdowns or recessions. The GDI has just entered negative territory indicating another major slowdown is just around the corner:
Yachts, Art, Nature, And Style Are Celebrated At Milano Design Week 2024
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Milan may have been overflowing with crisp design, stylish designers, and
creative installations at during Milano Design Week recently
25 minutes ago