A Global Recession Is Starting

Pump Jack, Oilfield, Oil, Fuel, Industry, PetroleumImage Source: 
 Oil market selloff is picking up taking gasoline prices along for the ride. The recession noises are getting louder and louder reminding us again there are no soft landings. It was pure coincidence, yet appropriate anyway Fed Chair Jay Powell addressed some of his staff statisticians and cautioned them about how often they are surprised by outcomes in the real economy. They should all consult their German counterparts given the alarming data coming out of that place and how much that helps explain oil and everything else.Video Length: 00:19:20More By This Author:

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