Hello fellow rebel capitalists hope you're well and I hope you're sitting down for this one

because you're not going to believe what the Federal Reserve just did.

Let's go right over to my Twitter feed and we can check this out.

So most of you watch my whiteboard videos, and if you haven't watched the last whiteboard video

I did prior to this trip to Portugal here. I would suggest going

over there to the George Game channel and watching that video. It was a whiteboard that I did

on the Federal Reserve and how they were admitting

the truth about the recession.

And I specifically went over this report that they did, that they did, by the way, that this was not me interpreting something that they were saying or that some chart. This is a specific report they did and I reference a chart and you can again go back to the

whiteboard video that I did last week it was the very last whiteboard video that I

posted on the George Gamin channel and I use this chart

specifically again from their report and pretty much the entire whiteboard

video revolved around this chart and so the Philadelphia

Fed came out with this report where they showed this SCI index or metric, which basically measured whether a specific state

was showing signs of having negative real GDP growth.

So it's not just the United States as a total,

they're breaking it down by state.

And then when they analyzed the data, they saw that when a when the country, when there's more than 26 states that are in a this pattern of negative growth measured by this CSI metric

that this is a significant or this is a powerful indicator that shows that the United States is usually in a recession at that time.

So this precedes the official group, I forgot what the group's name is, but they come out and say,

yes, the United States was in a recession. They're always looking in the rearview mirror. But this is something even above me on the yield curve.

You know, the yield curve really predicts that we are going into a recession very well,

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