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:
US Residential Solar: Cloudy Skies Will Lead To A Market Reset In 2024
-
The IRA heralded long-term growth for residential solar. But the tangible
benefits of this legislation are taking longer than expected to materialize.
30 minutes ago