Via Energy and Gold.com

4 troubling charts:

 

1. Chicago PMI at levels which have historically almost always correlated with recessions

 

Chicago_PMI

 

2. Producer prices offer a strong whiff of deflation…

 

PPI

3. U.S. 1st quarter GDP was absolutely dreadful regardless of all the excuses we may want to make

 

US_GDP

 

4. U.S. labor force participation rate

Labor_Force_Participation_Rate