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:

Debt Rattle August 14 2026
-
Rembrandt The Descent from the Cross 1634 • Iran’s Military Command To Be
‘More Aggressive’ (ZH) • Skepticism Over Iranian Plot Against Trump In
Turkey (...
1 hour ago