Recession Indicators on the Horizon! Overvalued Market and the Fed's who want to Raise Rates??

"The shocking weakness in August was no fluke as the Empire State index came in far below expectations for September, at minus 14.67." 

Next only to August's minus 14.92, September's reading is the weakest of the recovery, since April 2009. And, unfortunately, judging by new orders, activity in October may prove to be just as weak 

New orders are deeply negative this month, at minus 12.91 vs minus 15.70 in August and the fourth straight negative reading. And manufacturers in the New York region won't be able to turn to backlogs which are extending their long run of contraction at minus 8.25

DYI