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Chart of the Day: The Probability of Recession Is Now 20%

By Kevin Drum Mar 25, 2019, 11:38 am24 pts
Fed expert Tim Duy is getting seriously worried. Based on the movement of short-term and long-term interest rates, he thinks the chance of a recession in the next few months is getting very high: Duy thinks the Fed needs to cut interest rates sooner rather than later: So now I switch from analyst to…

Continue reading Chart of the Day: The Probability of Recession Is Now 20% at Mother Jones

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