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After a decade of bad predictions, here are 6 recession red flags to look for
I have five takes on this historical cycle, which can only be labeled as the “no recession decade.” First, the American bears can’t read data properly. They failed to properly weight specific sectors of the economy. Also, they have major speculative theories on what a particular event means, and they go straight into crash mode right after. Secondly, the Federal Reserve obsession drove the bears utterly mad this cycle. This typically comes from Gold Bugs, who have had terrible records of being American bearish since 1913. However, they took insanity to an incredible promotional level in this expansion. My third ... (full story)