[quote=The-Shoveler]I am not saying you’er wrong I am just trying to figure out what the trigger would be (for next recession).
Low Oil prices? (I think this is more just the Saudis dumping oil than anything else).
Consumers? (I was out shopping yesterday and the carts were five deep at all the check-out stands and all the stands were open) (out to eat same thing, standing room only).
I am just not seeing the trigger this time.[/quote]
I see the same things, and to be honest I’m not sure. I do see that GDP dropped each quarter in 2015 until we saw 0.6% Q4.
I suspect credit is keeping things going for consumers. I went to Buca di Beppo last night and it was packed.
The auto industry boomed last year IMO because of very easy credit.
