Is This the Brink of the Recession We Had to Have?
US trade policy may create an epic buying opportunity, but much later if there is a downturn.
Mind your words. US language has been aggressive and offensive as to sunder long-lasting alliances.
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When you think a recession is coming, it generally pays to sell first and ask questions later. Waiting for confirmation that the economy is declining is just too costly. For a spectacular demonstration, look to the events of 2008, when the National Bureau of Economic Research announced that a recession had started in January of that year — but didn’t announce this until December: