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Report date: 04.13.2018
UMich consumer confidence tumbles as people are starting to wake and are now realizing the economy is in bad shape. Job openings tumble, we have seen this indicator before, the job hires are rolling over and each time we have seen this we head right into a recession. JPMorgan charge offs are rising quickly. Subprime mortgages are back, they renamed them so you don’t realize that its the same. Trump mentioned the TPP, he is looking into creating something like the TPP but it will be written, it will be used to join the OBOR.
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