The Marco Moment:: Manufacturing Data

The data coming in globally from the manufacturing sector is not screaming economic expansion. We just got the premliminary numbers from Europe and they are not promising. This is in keeping with the trend over the past few months.

In this video I discuss how we are likley heading to another economic pullback which is in line with every recession for the past 60 years. Typically, when recession hits, lots of stimulus is put out. Once that is done, things end up suffering a contraction since the economy simply is not strong enough to stand on its own.