{"id":35781,"date":"2018-07-07T14:44:06","date_gmt":"2018-07-07T19:44:06","guid":{"rendered":"http:\/\/olduvai.ca\/?p=35781"},"modified":"2018-07-07T14:44:06","modified_gmt":"2018-07-07T19:44:06","slug":"the-yield-curve-is-the-economys-canary-in-a-coal-mine","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=35781","title":{"rendered":"The Yield Curve Is The Economy\u2019s Canary In A Coal Mine"},"content":{"rendered":"<header class=\"entry-header\">\n<h3 class=\"entry-title\"><a href=\"http:\/\/investmentresearchdynamics.com\/the-yield-curve-is-the-economys-canary-in-a-coal-mine\/\">The Yield Curve Is The Economy\u2019s Canary In A Coal Mine<\/a><\/h3>\n<\/header>\n<div class=\"entry-content\">\n<p>The economy has hit a wall and is now sliding down it. I don\u2019t care what bullish propaganda may or may not be bubbling up in the headlines from the financial media and Wall Street, the hard numbers I look at everyday show accelerating economic weakness. The fact that my view is contrary to mainstream consensus and political propaganda reinforces my conviction that my view about the economy is correct.<\/p>\n<p>As an example of the ongoing underlying systemic decay and collapse conveyed by this week\u2019s title, it was announced that General Electric would be removed from the Dow Jones Industrial Average index and replaced by Walgreen\u2019s. GE was an original member of the index starting in 1896 and was a continuous member since\u00a0 1907.<\/p>\n<p>GE is an original equipment manufacturer and industrial product innovator. It\u2019s products are used in broad array of applications at all levels of the economy globally.\u00a0 It is considered a \u201cGDP company.\u201d GE was iconic of American innovation and economic dominance. Walgreen\u2019s is a consumer products reseller that sells pharmaceuticals and junk. Emblematic of the entire system, GE has suffocated itself with poor management which guided the company into a cess-pool of financial leverage and hidden derivatives.<\/p>\n<p>As expressed in past issues (the <a href=\"http:\/\/investmentresearchdynamics.com\/short-sellers-journal\/\">Short Seller\u2019s Journal<\/a>), I don\u2019t put a lot of stock in the regional Fed economic surveys, which are heavily shaded by \u201chope\u201d and \u201cexpectation\u201d metrics that are used to inflate the overall index level. These are so-called \u201csoft\u201d data reports. But now even the \u201coutlook\u201d and \u201cexpectations\u201d measurements are falling quickly (see last week\u2019s Philly Fed report). The Trump \u201chope premium\u201d that inflated the stock market starting in November 2016 has left the building.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Yield Curve Is The Economy\u2019s Canary In A Coal Mine The economy has hit a wall and is now sliding down it. I don\u2019t care what bullish propaganda may or may not be bubbling up in the headlines from the financial media and Wall Street, the hard numbers I look at everyday show accelerating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[236,312,1849,374,20794,2340,6895,503,7477,647,6585,20793,10388],"class_list":["post-35781","post","type-post","status-publish","format-standard","hentry","category-economics","tag-economic-collapse","tag-financial-crisis","tag-financial-markets","tag-gold","tag-goldman","tag-housing-market","tag-investment-research-dynamics","tag-market-manipulation","tag-morgan-stanley","tag-precious-metals","tag-stock-bubble","tag-u-s-economydeutsche-bank","tag-yield-curve"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35781"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35781\/revisions"}],"predecessor-version":[{"id":35782,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35781\/revisions\/35782"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}