Today’s non-farm payroll numbers were an unmitigated disappointment to anyone looking for some strength in the US economy.  Economic numbers have been coming in below expectations for some time now.  This raises a number of questions including whether the US economy is headed for another recession or just a slowdown in growth?  The second question is whether US authorities are out of levers to pull if the economy slows materially.  Lastly, when will the stock market pick up on signs of slowing growth?  In today’s screencast we take a look at the economy as it heads into the Summer.

Items mentioned in the above screencast:

Hard to put a positive spin on today’s non-farm payroll numbers.  (Calculated Risk)

The ECRI WLI points toward slowing growth.  (MarketBeat)

The economy is slowing, not going into a recession.  (Econbrowser)

The story of the economy in one post.  (Money Game)

Is the US economy out of gas?  (Gavyn Davies)

When will the stock market pick up on signs of slowing economic growth?  (VIX and More)

Daily price chart of the SP (Finviz)

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