Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Dick Young’s Safe America
  • Your Survival Guy’s Super States
  • Critical Race Theory
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money

Forecasting Recession

November 2, 2011 By The Editors

In October, the Conference Board’s Consumer Confidence expectations index plunged deep into recessionary territory. The index has only been lower twice in its more than four decade history. Both episodes were associated with deep recessions. Why are consumers forecasting recession? Wasn’t October the best month in stocks in almost two decades? Maybe low consumer confidence has something to do with income. In the third quarter, real personal income excluding transfer payments fell for the first time since the recovery began. So we have millions who are scraping by with unemployment benefits and those who are working are seeing their incomes fall. That doesn’t bode well for future economic growth.    

Related Posts

  • Recession and the Stock Market
  • Ready for a Recession Double Dip
  • Is America Collapsing Back Into Recession?
  • Author
  • Recent Posts
The Editors
Latest posts by The Editors (see all)
  • Democrats Running AWAY from Biden on the Campaign Trail - June 30, 2022
  • Touch Sensitive Robots Could Revolutionize Manufacturing - June 30, 2022
  • RED WAVE COMING? Americans Fear the Future of Biden’s Economy - June 29, 2022

Dick Young’s Must Reads

  • “The Losses are Taking a Toll on Their Health”
  • Your Sheriff Can Thwart Federal Gun Control Efforts
  • Globalism Has Made America Dependent on Foreign Countries
  • Richard Feynman Solved the Space Shuttle Disaster Mystery
  • U.S. Survival AR-7
  • You Want the Limo, Not the Public Bus
  • WAR HAS BEGUN: What Advice Are You Giving Your Loved Ones?
  • Being Fully American Means Americans First
  • FARM AMERICA: New York City’s Finest Cheesemongers
  • The Armed American Family: Part I

Our Most Popular Posts

  • FOOD SHORTAGE: Not "If," But "How Bad?"
  • One Surprising Thing You Should Know About Private Jets
  • Saudi Oil Is Different from U.S. Oil?
  • Your Survival Guy in Paris: Awakened from His Slumber, “Dad, I’m Going to London”
  • Good News for the 2nd Amendment
  • FLORIDA DODGED A BULLET: Elected Superb DeSantis Over Unstable Gillum
  • The Most Controversial Restaurant in Paris?
  • The Great Reset and the COVID Coup D'etat
  • What Just Happened? Fixing Its Historic Mistake
  • 10th AMENDMENT: Dobbs Decision a Win for States' Rights

Disclosure

RSS Youngresearch.com

  • Even Without Food and Gas, Inflation is Soaring
  • Despite Inflation, Best Year Ever for Vacation Demand
  • Time to Save, Troubles Dining Out, and Intelligence on Yellowstone
  • Purchases of Gaming Chips for Crypto Mining Tailing Off
  • RURAL RENAISSANCE: America Finds the Country Again
  • Are Google, Amazon, and Microsoft About to Crash This Specialized Real Estate Market?
  • Why Work When Taxes Take It All?
  • Regulators’ Bungled Attempts to Cut Emissions Drove Oil Prices Higher
  • Your Survival Guy in Paris: Awakened from His Slumber, “Dad, I’m Going to London”
  • What Happens to Your Passwords When You Die?

For Investors Who Want to Stop Worrying About a Market Crash

Breaking News: House Election Update

WATCH: New York Governor Melts Down When Asked for Facts

Florida Is a Refresher Course in American Greatness

Should You Believe Ms. Hutchinson?

Biden’s Economy Even Weaker than Thought

Copyright © 2022 | Terms & Conditions | About Us | Dick Young | Archives