3 Things: Recession Odds, Middle-Class Jobs, & Market Drops
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Recession Probabilities Rise
As I penned earlier this week:
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Chicago Fed national activity
Markets Surge On Chinese Debt Flood; Worst European PMI In Over A Year; Crashing Pound
The overnight news was decidedly downcast, with first London mayor Boris Johnson voicing his support for Brexit leading to a collapse in the pound, validating our Saturday warning and then some, resulting in the biggest drop in cable in over a year over fears that the EU will lose one of its most critical members...