Its Saturday morning, you think I could get a life or something.
But check this out.
For those with antennae tuned to catch a hint of QE3 … is this significant in the WSJ?
ECRI Weekly Leading Indicator Index Falls Again
Money quote (in bold)?
This doesn’t mean a recession is coming. The rolling growth rate fell deeply into negative territory last year without a recession happening.
But you’ll recall that things felt bad enough, recession or no, to inspire the Fed to roll out QE2.
Or me just clutching at straws?