TICK DIVERGENCE SIGNALS WEAKNESS

SInce the "RECOVERY" began in 2009 the GDP has averaged 2-2.5% per qtr. That is the weakest economic recover from any recession on record....and maybe only one where the job participation rate has continued to decline.

Recent durable goods orders were weakest in 20 months. VIX stands near 15...numb to it all.

CHINA is coming down hard....exports are down 10% YR/YR....commodities took a hit today....China has stockpiled all kinds of stuff.......overbuilt manufacturing, gov't trying to stimulate consumer demand.

If there is job growth, employment costs are rising, productivity falling...with a WEAK ASS GDP....am I the only one that thinks earnings may have PEAKED this cycle?

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