Expect Longer Periods of Weak Growth, Whether Labeled Bearish or Not – MishTalk

False recession debate

Housing leads the downturn and recovery. What’s on the way?

Most of the debate on “recession” is wrong. I believe the recession started in May and the third quarter of negative GDP is on the way.

Some believe that declining growth in the third quarter would mean the start of a slowdown in the first quarter.

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