Jury Still Out on Recession Call
There is more weakness ahead, but the jury is still out as to whether the cyclical (not transitory) slowdown will turn into a new recession.
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A Framework That Provides Clarity
During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.
There is more weakness ahead, but the jury is still out as to whether the cyclical (not transitory) slowdown will turn into a new recession.