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Reply to "May CPI 8.6%"
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[quote=Anonymous][quote=Anonymous]U Mich consumer confidence survey came out - lowest numbers in the history of the entire survey. Consumers are hanging on by a thread. This economy is about to fall off a cliff. [/quote] It's already falling off a cliff. Just look at the Atlanta Fed's GDPNow Data revising GDP down over 1% in just the past couple of weeks... combine with Target coming out twice in that same period to revise their outlook further down. To me, that means the cliff is happening as we speak. We're already in recession. [/quote]
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