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ThurberMingus · 2874 days ago · link · · parent · post: Does it make sense right now to buy ETH or BTC?
Can you give a short summary of the evidence you see for an impending recession? It's hard to weigh effects and sort the information out of the permanent "dim and gloom" background noise.
An extended drop in industrial production without recession seems very unlikely: https://fred.stlouisfed.org/series/INDPRO Shiller P/E is well above the historic mean: http://www.multpl.com/shiller-pe/ Corporate buybacks are dropping, and dividend cuts are rising: http://www.bloomberg.com/news/articles/2016-05-16/bull-market-losing-biggest-ally-as-buybacks-fall-most-since-2009 It is all very suggestive of the end of a credit cycle.
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ThurberMingus · 2874 days ago · link ·
Thanks. I hadn't seen the industrial production data before.