While Q1 looks to be the weakest economic growth period for a rate hike since 1980... 

Today we got some more weakness-confirming real-time 'hard' data confirming the facts that the US economy is anything but as strong and resilient as Yellen proclaimed it.

Today we got some more weakness-confirming real-time 'hard' data confirming the facts that the US economy is anything but as strong and resilient as Yellen proclaimed it.

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Industrial Production has never declined on a 24-month basis without the US economy being in recession...