Chart o' the Day: Hussman's Leading Indicators Say Recession is Now

John Hussman’s outlook has been bearish for awhile and he tends to skew a bit non-constructive over long periods of time, anyway.  Hussman is on my must-read list and has been forever.  Timing is harder than anything in making economic forecasts and he is very honest about this.

That said, in his commentary yesterday he put up an interesting and urgent chart for those banking on the Second Half Recovery™ .

The following chart shows the most leading economic component (blue) that we infer from a broad composite of economic indicators. This component has a lead of several months, relative to broadly observed economic data. Importantly, even the observable data has now predictably turned down, as evidenced for example by the “surprising” weakness in the Philly Fed data last week. We expect further weakening in employment data, coupled with an abrupt dropoff in industrial production and new orders.

Head over for the whole piece, it’s very thoughtful stuff, as always.

Source:

Enter, the Blindside Recession (Hussman.net)

 

 

 

 

 

What's been said:

Discussions found on the web
  1. bitcoin era commented on Sep 30

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  2. devops consulting companies commented on Nov 02

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  3. quality engineering commented on Nov 11

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  4. credit card shop commented on Nov 16

    … [Trackback]

    […] Here you will find 35615 additional Info on that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  5. 토토사이트 commented on Nov 16

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  6. dumps shop script commented on Nov 22

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  7. scotiabank visa login commented on Dec 03

    … [Trackback]

    […] There you can find 13164 more Info on that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  8. mo thay toc commented on Dec 07

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  9. Oxycontin for sale commented on Dec 10

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  10. 안전공원 commented on Dec 25

    … [Trackback]

    […] Here you will find 4615 additional Info to that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  11. 먹튀사이트 commented on Dec 27

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  12. replica rolex commented on Dec 29

    … [Trackback]

    […] There you can find 14341 more Info to that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

  13. Samsung HW-E450-ZA manuals commented on Jan 21

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2012/06/26/chart-o-the-day-hussmans-leading-indicator-says-recession-is-now/ […]

Read this next.