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Feb 07 2023

Is Good News Ultimately “Bad News?”

  • Feb 7, 2023

Let’s momentarily imagine that both the Index of Leading Economic Indicators and the yield curve “fail,” and a recession in 2023 is sidestepped. What might the GDP growth outlook be in that scenario? It wouldn’t be good, and (ironically) that’s because of strong labor market conditions on which the economic bulls now rest their case!

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager