The chart of the week is courtesy Mike Shedlock via SafeHaven and looks at real Gross Domestic Income (GDI) in the US. Every time GDI has turned negative we have had pretty significant slowdowns or recessions. The GDI has just entered negative territory indicating another major slowdown is just around the corner:
Could CSDDD Signal A Tipping Point For Corporate Accountability?
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New EU rules on corporate due diligence could result in global
transformation of supply chain transparency and accountability.
15 minutes ago