The chart of the week is courtesy Mike Shedlock via SafeHaven and looks at real Gross Domestic Income (GDI) in the US. Every time GDI has turned negative we have had pretty significant slowdowns or recessions. The GDI has just entered negative territory indicating another major slowdown is just around the corner:
This Epic Winter Rail Trip Hops Between Europe’s Top Christmas Markets
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Europe’s Christmas markets are legendary, with snow-frosted wooden stalls,
warming mulled wine, giant ice rinks and sensational decorations.
36 minutes ago