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  • Who Is in the US Recession Camp Now?

    From econbrowser.com

    Two Quarters Net’s not a big one, but here’s an incomplete list: • David Rosenberg (Rosenberg Research). • Drew Matus (MetLife). • Stephanie Pomboy (MacroMavens). • Nancy Lazar (Piper Sandler). • Mish Shedlock. • Zerohedge (aka Peter St. Onge, Ph.D.). • Peter Berezin, Ph.D. (BCA Research). • Eric Hovde (via spokesperson) [updated 6:20pm]. Two Quarters Negative Growth (not the same as a recession) in July WSJ survey: • Andrew Hollenhorst/Veronica Clark (Citigroup). • Nicholas Van Ness (Credit Agricole CIB). Rundown on recession indicators as of two days ago. GDPNow for Q3 as of today remains ... (full story)

who the hell keep track of such nonsense. People better start to realize that everybody opening their mouth is talking their own book. Look at the numbers and make your own opinion or look at the chart. As much as I wanted to I dont move the markets so better follow the footsteps of the ones that do.
There are enough of those, with a low intestinal fortitude, who have been afraid and who have been expecting a recession though booms and busts for ages. They are always right - the recession always comes - in a year, in five years or in 20 years.

In the meantime, bona fide economic data be damned.
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  • Posted: Aug 9, 2024 2:01am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 2  /  Views: 3,685

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