The US economic trend revived after a spring swoon, according to a markets-based profile of macro conditions. The Macro-Markets Risk Index (MMRI) closed at 10.6% on Thursday, June 12.  The comfortably positive reading suggests that business cycle risk remains low. A decline below 0% in MMRI would indicate that recession risk is elevated. By comparison, readings above 0% imply that the economy will expand in the near-term future.
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