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Is the US headed for recession?
For the better part of three years, markets have fretted about a 1970s-style inflation cycle. It seemed every inflation print mattered (sometimes to the nearest rounded second decimal point). Even more than other substantive issues, like how much profits companies were generating. As the US inflation rate predictably normalises back to its pre-Covid levels, it seems the latest worry is now the possibility of a recession and fears the US Federal Reserve is now ‘behind the curve’ in terms of reducing interest rates1. Focusing on the Sahm Rule The US July employment report undershot expectations, posting a 110k job ... (full story)
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- Sep 19, 2024 6:14am Sep 19, 2024 6:14am
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- Silver-King
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- Sep 19, 2024 10:18pm Sep 19, 2024 10:18pm
- axecap
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its all just one persons opinion....