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Thanks Marty! I agree for being cautious, but continue to stay invested. Janet Yellen says that we will not have a recession because we have a strong labor market. Time will tell.
ReplyDeleteYou bet Sam! With all due respect to Janet Yellen, history says we can absolutely have a recession when the employment setup looks like today's going in... Can't load a chart here in the comment section, but history the unemployment rate bottoming (then turning) just barely ahead of the onset of virtually every recession back several decades.
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