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Apr 05 2024

Two Years Underground

  • Apr 5, 2024

The Up/Down ratio is 1.14. Looking at the history of data, such a stretch of well-below-average readings should have either spiked higher on an economic upswing by now, or plunged even lower with a recession. The soft landing of 2015-16 posted four quarters of figures below 1.20—the current run has doubled that streak.


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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager