The Next Recession- Economist Front Cover

Everyone is starting to panic about the next coming recession, even the Economist Magazine jumped on the bandwagon with an issue front cover showing "The Next Recession - How bad will it be". They claim it will be bad, and difficult to resolve because many of the tools of QE etc are already in use. It is fair comment and well written, but they did not mention the when. And this is a crux of the matter, the best economists in the world never know when. So to all of you out there starting to panic, this is a reminder. On the chart see, "this is not a crash" and "this is a crash". By my estimate the S&P500 would need to shed at least another 250 points to move into the stinky zone where my crash detector system will trigger.

Stay Tuned.

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Thx
Barry