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Record high inflation and negative economic growth, as measured by US GDP growth, have fueled recession fears. The bond market is similarly flashing recessionary signals. Despite this, the S&P 500 through Friday, August 5, 2022, has rallied 13% higher than its June 16 bear market low, making the current environment a head-scratcher for many.
Attached in this edition of “On The Mark,” Kezia Samuel evaluates both sides of the debate on whether or not we are in a recession.
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Confused About the Economy? It’s OK.
August 15, 2022