In regards to economic measures such as retail sales, industrial production, and employment, the author of today’s article notes that “it is a perverse fact that such measures have been at their highest points, and even at record levels, just before falling a few months later under the weight of an economic downturn.” And now another indicator that tends to peak before a downturn – and is currently at a record level – can be added to the list: the household wealth to income ratio. What does this ratio mean – and is it flashing a warning that a recession is coming? CLICK HERE.
This Little-Discussed Indicator Is Peaking — And Warning Of A Coming Recession?
- by Bob Mitchell