FOXNEWS FOX Friends First October 20, 2021 09:19:00
Consumer indices plummeting, a 10 point drop indicates a recession, 25.3% according to the conference board, 21 points according to your colleagues at the university of michigan. without getting too much into microeconomics, why does the consumer index show a recession? >> because of the drop. what we show is in the previous six recessions, in particular the big one in 2007-8, these indices predict 6 to 12 months in advance what is going to happen in the real economy. what is going to happen to ...
Source: archive.org