The chart of the week is courtesy Mike Shedlock via SafeHaven and looks at real Gross Domestic Income (GDI) in the US. Every time GDI has turned negative we have had pretty significant slowdowns or recessions. The GDI has just entered negative territory indicating another major slowdown is just around the corner:
Bad Ideas Department Wants To Change The Name Of Oakland’s Airport
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A proposed name change from Oakland International Airport to San Francisco
Bay Oakland International Airport would confuse people. It should be
stopped.
10 minutes ago