Tag Archive: economic indicator

3 Reasons Gold May be Useful During a Recession – Urgent Economic Indicators

In case you missed it, numerous economic indicators are now flashing red. The latest indicator to show weakness was today’s non-farm payrolls report. The U.S. added just 75,000 jobs last month, while consensus estimates were looking for a gain of about 177,000 jobs. The figures for March and April were also revised lower, and wage pressures were muted with average hourly earnings rising less than expected. The risk of recession is clearly on the rise, and now is the time to diversify with asset classes... Continue Reading

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More Symptoms of Economic Trouble

Today, the Institute for Supply Management reported that its manufacturing purchasing managers index fell in February to the lowest level since November 2016. Not coincidentally, it is not the only economic indicator to decline to the lowest levels since that time. Could this mean more symptoms of economic trouble? Of course, November 2016 was when Donald J. Trump was elected President in a victory that caught many off-guard. Since he has been in office, Trump has enacted significant legislation. His administration has performed significant deregulation,... Continue Reading