Industrial Production fell year-over-year for the 14th straight month – the longest period of contraction without a recession in 96 years. Against expectations of a small 0.2% rise in October, Industrial Production was unchanged (and manufacturing missed expectations).
This is the biggest 2 year decline in industrial production since August 2008…
Furthermore, US equity markets have plunged to economic reality twice in the last 2 years…
Is this the third time?
via http://ift.tt/2fVODpg Tyler Durden