My “Tin Foil Hat” Indicator says “Recession Ahead”
Written by Gary North on January 6, 2012
What is my tin foil hat indicator? The tin foil sales. Well, not tin foil. Aluminum foil. Alcoa’s profits are plunging. It’s the worst since 2008. The company may even register a 4th-quarter loss. Net income will tumble 96 percent to 1 cent a share from 21 cents a year earlier, according to the average […]
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