Gordon T. Long says that the credit cycle has turned. This is an ominous development for the stock market and the economy. Corporate revenue growth has been negative for a while. Earnings are now down and cash flow has hit the skids. Debt continues to accelerate and pretty soon there will be major credit problems, especially in the energy sector. Where's will the economy go next? 

Direct download: Gordon_T._Long_02.Feb.16.mp3
Category:general -- posted at: 11:30am EDT
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