Do you expect a recession… soon? Of course you do because you’re constantly bombarded with predictions that a new downturn is imminent—year after year. According to a variety of “experts,” the US has been on the cusp of a new contraction ever since the last recession ended more than seven years ago. Yet the US economy has continued to expand, albeit in fits and starts and delivering subpar results relative to the historical record. But for the moment, the recovery that began in mid-2009 remains in force, based on the latest numbers published to date.
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