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Why the "Recovery" is Over- A Written Analysis

"No one ever woke up wishing they had three more drinks the night before."

The recovery that started in 2009 and never really progressed has reversed.

The recovery is over.

Welcome to the Revocery.

QE- Recovery Medicine or Extension of Bailonomics?

The current recovery was artificially born in 2009 from the ashes of the Panic of ’08 with The Federal Reserve’s quantitative easing (QE) program that involved printing money out of thin air to buy U.S. Treasuries and Mortgage Backed Securities (MBS’s) from the Too Big Too Fail Banks.

The recovery was kept alive with three full doses of QE and then a supplemental boost of the third dose in September of 2012. The recovery ended in May with talk of cutting the dosage when the Fed began its taper talk and interest rates began to rise.

The recovery never had a chance.

http://smaulgld.com/the-recovery-has-reversed-course-welcome...



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Thanks to all who read this today

makes the effort worthwhile

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the majority of Americans are asking, ....

"What recovery?! I haven't seen one, where did it go? China!?"

"Hence, naturally enough, my symbol for Hell is something like the bureaucracy of a police state or the office of a thoroughly nasty business concern." ~~C.S. Lewis
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

China has its own issues

Its sells alot of stuff to the US who pay for their goods in dollars that they have borrowed,
THEN the Chinese had for years taken the money they got from selling to the US and loaned it to the US in the form of US Treasury bonds!

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there isn't a recovery but the recovery as defined

by the media and economic cheerleaders of rising stock and real estate prices is now coming to an end
Then what?

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Other data today does not indicate the "recovery" is on track

Whole sale inventories were down too.

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Mortgage applications down to FIVE YEAR LOW

http://www.dailyfinance.com/2013/09/11/mortgage-applications...
If housing is driving the "recovery" the recovery is over

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Cash buys

are driving the housing market.

yep but there is a limit to the number of cash buyers

and a limit to the amount of cash available as interest rates rise.
This is/was not a widespread housing or economic recovery.

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