Tag Archives: No Recession

 – by New Deal democrat There are some economic and financial indicators that aren’t classic leading or lagging indicators. Rather, they are “over-sensitive” in one direction or another. Two good examples are heavy truck sales and the unemployment rate: they are over-sensitive to the downside: they lead going in to recessions, but lag coming out. The S&P 500 stock market index fits in this category as well. The classic aphorism is “the...

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