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:
LKQ (NASDAQ:LKQ) Hits New 1-Year Low Following Weak Earnings
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LKQ Co. (NASDAQ:LKQ – Get Free Report)’s stock price hit a new 52-week low
during mid-day trading on Wednesday following a weaker than expected
earnings an...
14 minutes ago