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Look Out Below
The following are three charts from the Atlanta Federal Reserve. It’s not an official position but reflects the opinion of two of their economists on staff. I have followed them for years and their hit rate is much better than the blue-chip consensus which is their bogey.
As I tend to say almost the same thing every week, I am wondering if every two weeks or just randomly would make sense. Let me know what you think. I have no pride of authorship.
Adapted from zerohedge.com
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