This was the early tell in the recession reversal trade ...Middle East

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This was the early tell in the recession reversal trade
Economic forecasting isn't easy.At various points over the last two years it looked like the US was slowing down dramatically. At the start of 2023, a looming recession call was the consensus forecast. This year, as some economic indicators deteriorated, those calls returned.It was understandable -- high interest rates hurt the economy.In some ways, it was a recession. The manufacturing sector has struggled for many months. Anything housing-related is undoubtedly in a recession. Dollar stores have been wilting under the pain and the lowest quintile is very likely in a recession.Against that, the power of 30-year fixed rates continues to lift to spending. The US is also benefiting from massiv

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