If There is a Recession Coming, How Can We See it Before it Happens?

by Tony Wyman June will mark the 10th anniversary of the end of the Great Recession, the longest and deepest economic downturn this country had seen since World War II.  Unemployment doubled, housing values dropped 30%, the S&P 500 declined 57% and U.S. households lost $14 trillion of wealth, more than 20%, during the nearly 19-month decline. SInce then, the country has enjoyed one the longest periods of expansion in the nation’s history, thanks to the aggressive and unprecedented responses by fiscal and monetary policy makers in the Bush and…

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