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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.

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What Does a Growth Rate Cycle Upturn Look Like?


Here is a link to the presentation slides from Lakshman's talk at the 18th Annual Hyman P. Minsky Conference.

Among other things, the slides show the pattern of cyclical indicators around each recession from 1920 through today.
VIEW THIS ARTICLE ON LEVY ECONOMICS INSTITUTE