A lot of people are shocked by how rapidly things are beginning to move. The U.S. economy is slowing down at a pace that we haven’t seen since the last recession, and this is something that I have been tracking extensively.
But now the slowdown is so obvious that even some of the biggest names in the mainstream media are talking about it. For example, just take a look at what Jim Cramer of CNBC is saying.
For a long time, he was touting how well the U.S. economy was doing, but now his tune has completely changed. According to Cramer, a lot of corporate executives have “told me about how quickly things have cooled”, and he says that many of them are shocked because this “wasn’t supposed to occur so soon”… (Read More…)