The chart of the week is courtesy Mike Shedlock via SafeHaven and looks at real Gross Domestic Income (GDI) in the US. Every time GDI has turned negative we have had pretty significant slowdowns or recessions. The GDI has just entered negative territory indicating another major slowdown is just around the corner:
Earnings Preview: What To Expect From IBM
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IBM Inc. scheduled to report earnings after Wednesday’s close. Here is a
closer look at what the Street is expecting IBM to report.
11 minutes ago