The Sky Really Is Falling--The Economy Is In Recession.

A key measure of the US economy, the ISM Services Index, just plummeted this morning to a level not seen since Oct. 2001. Anything under 50 indicates

A key measure of the US economy, the ISM Services Index, just plummeted this morning to a level not seen since Oct. 2001. Anything under 50 indicates “recession” and the ISM index fell to 41.9 for January from 54.4 in December. That’s a huge drop.

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