High Frequency Good News

One of the big questions hanging over the economy and the financial markets is whether we’re about to enter, or are already in, a recession. Some call it a double-dip and liken it to the 1930s, which consisted of the Great Depression from 1929 to 1933 followed by a smaller recession in 1937 and 1938 caused by premature fiscal and monetary tightening. Economists assign a probability of 40 to 50 percent to a recession beginning late this year or early next year. While it looks like a toss-up, it helps to keep an eye on high-frequency indicators:
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