US Steel (ticker $X) is signaling something meaningful…

When one wants to cap the state of the economy, US Steel is Top 5 go to. Well, taking one look at this chart and one word comes to mind

FUCKING HORRIFYING

Ladies and gents, this $X chart is signaling we’re already in a recession and quickly on the road to The Great ReDepression 2.0, a continuation of the 08/09 Debacle.

The one thing we had going for us last time was a competent President.

Strap in folks. The Captain has turned on the FASTEN YOUR SEATBELT sign. Please extinguish all cigarettes, blunts, hand-rolled fat J’s and place your tray in an upright position. Also, please decline your seat.

Published by ..papichulo

Trader

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