Gross domestic product is the most commonly accepted measure of the economy’s performance. For the previous two quarters, it showed that the economy contracted. So recession, right? Wrong.
Before getting into why I don’t think the economy was in a recession during the first half of the year, it’s worth mentioning that things are very weird right now. Contradictions abound. All of the confusion results fr…
Before getting into why I don’t think the economy was in a recession during the first half of the year, it’s worth mentioning that things are very weird right now. Contradictions abound. All of the confusion results fr…
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