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Value After Hours S05 E16: Cam Harvey on 10-3 Inversions, Recession Risk, False Signals and the Fed

The Acquirers Podcast

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The Importance of Knowing What to Expect

The strong consensus was a recession in 1988. The model says 4.2% real economic growth. That was such an outlier compared to what people were thinking. And we had plus 4% growth in 88. So you're not counting like a recession, correct prediction. It's a non recession,correct prediction. But nobody, nobody really took it seriously.

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