WHAT IF…

What if … David Rosenberg sees 1992-1993 al over again :” This is 1992-1993 all over again when the commercial banks used the steep curve as an opportunity to reliquify their balance sheets and the flip side of that process was a listless and jobless recovery.”

What if… John William, proprietor of Shadow Government Statistics notes that every recession in the last four decades has had at least one positive quarter-to-quarter GDP reading, only to be followed by a renewed downturn.

What if … Next economic quarter disappoints.

Well, very soon the answers…