Here are 10 quirky indicators of a recession:
http://finance.yahoo.com/banking-budgeting/article/107186/10-quirky-economic-indicators?mod=bb-budgeting
My personal favorite was the Gator Farm test. If alligator hids aren't selling, Louis Vutton isn't ordering; we're all in the crapper. Even better; if you see women wearing neon eye shadow which only purchased at Walmart and Walgreens; we better consider a honorable Samurai death rather than fight another day....anyone have a Katana?
There is some evidence and intelligent thought in the Movie Theatre theroy, which has been considered since the days of Charlie Chaplin, and Sea Biscuit. I routinely visit a new flick and always make a mental note of the number of patrons. If the seats are packed, it's ok. If their empty call your Broker, and skip the concessions.
The Kansas City Real Estate Market isn't nearly as tough as the media would have you believe. Kansas City is an insulated market, and is not subject the white-caps, and Tsunami's of other markets across the United States. We haven't experienced the high altitude elevator ride of CA, NY, AZ, or Fl....nor will Kansas City ever experience the financial "ouch!" of waiting to long to make a big hit, similiar to Jose Conseco's latest bid to be a MMA fighter, against a tomato can Chinese giant. Who is/was his Agent? OUCH!
Nonetheless; Great time to sell. Better time to buy. Buy a set of earplugs and avoid the water cooler economist, because he's a big fat idiot. It's a beautiful day.
Thank you for your consistent referrals.
JIM