Are US Job Statistics a Cover-Up for a Looming Recession?

Market Analysis | Paid Subscriber Post

All summer I was sounding the alarm bell that the US is heading into recession. I discussed this a few months back with Tom on Palisades gold radio and gave a number of anecdotal indicators like restaurant receipts, credit card and auto loan delinquencies and even luxury watch sales, to try and make the point. One thing that seemed to be going against t…