Where Is The Recession Everyone Is Talking About?
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According to GDP, the US economy is resilient, really hanging in despite a tough global environment. On the other hand, GDP's twin indicates something very different. Spoiler: the very same as what has kept interest rates incredibly consistent for almost a year despite everything thrown at them. Worse, history has shown the other number is the superior cyclical indicator, not GDP.
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Disclosure: This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any ...
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