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Hold That Recession: U.S. Indicators Are Trouncing Forecasts

  • Bloomberg Economic Surprise Index climbs to 11-month high
  • Housing, jobless claims data were stronger than forecast
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If the World's So Miserable, Why Are Stocks Up?
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The U.S. economy is outperforming expectations by the most this year, offering a fresh rebuttal to last month’s resurgent recession fears fueled by the trade war and a manufacturing slump.