In today's FS Insider podcast, we provide an update on a wide range of economic and financial indicators, which we believe argue for a longer-term cautious view on the US stock market and economy.
As noted in April, absent a cyclical rebound or injection of fresh stimulus able to change many of the deteriorating trends shown below, current trajectories suggest a possible recession in the world's largest economy, the US, by 2017 with a peak in the stock market this year.
Here are the charts we covered for subscribers (Click here to become a subscriber):
Elevated Recession Risk
Housing and Autos Softening
Labor Market Indicators Rolling Over
Banks Tightening
Philly Fed Index at Multi-Year Lows
Contracting Global Liquidity
Weakening Financial and Credit Conditions
Valuations Stretched
Listen to this full broadcast airing Friday, July 8th on the Newshour page by logging in and clicking here. Not a subscriber? Click here.