10 Scary Charts: July 16, 2015 Update | Seeking Alpha

10 Scary Charts: July 16, 2015 Update | Seeking Alpha



This is a very interesting article with Federal Reserve charts depicting good and bad aspects of the economy.  Housing starts are actually rising which is good.  State and local tax receipts are dipping into negative territory which is bad, and bank credit is getting close to market top conditions which precede a recession.  The Chicago Fed National Activity Index is neutral in expectations, though.  So, we are not in danger yet, but we need to keep monitoring the economy because stocks will surely fall when the economy goes down.