Business sales worst since 2012, inventories at crisis level, jobs next.
The stagnation zone.
And it’s reaching far beyond energy.
A “Warning about March Nonfarm Payrolls”
A party pooper showed up.
A good swig of financial engineering to make the results go down better.
It’s getting painful: only exceptions were in the early 1950s.
They desperately want to raise rates, but….
Oil Bust Contagion Spreads.
Slowness of the recovery is its most amazing characteristic.