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Weekly Market Recap: Play The Rally Or Load Up On Treasury Bonds? Or Both?

Wealthion - Be Financially Resilient

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The Economic Impact of Rate Hikes on the Economy

The economy is about 77% services, only 22% manufacturing. That's inverted from where it was back in the 1970s when we were nearly 80% manufacturing and 20% services. When services are recessionary, that's when you have an economic recession..com crash, financial crisis, etc. And this all kind of culminates into this one chart, which is services have actually been improving over the last couple of quarters. Manufacturing's still under a lot of pressure here.

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