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Danielle DiMartino Booth has been beating the drums for weeks that the US is in recession and has been since October. No so fast says Jim Bianco. The lead chart shows Booth’s view. Expansions do not die of old age; they are murdered. This has been true for the last 50 years: 2020 = COVID 2008 = Financial Crisis, $145 crude oil 2001 = Tech crash/9/11 1991 = ...
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Housing has been a frustrating segment of the economy to analyze, both since the pandemic first erupted and the Federal Reserve embarked on an aggressive rate-hiking cycle two years ago. So-called "traditional" housing indicators—which typically act as signals for where the broader economy is headed—have misfired in this unique, pandemic-driven economic ...
Sessions