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Eric Basmajian: Further Downside Ahead For Risk Asset's
Market Depth
Coincident Data - What Are Leading Economic Indicators?
Growth in the economy right now is trending at slightly less than 2%. It's being held up by stronger categories like employment, it's being pulled down by some weaker categories like real consumption. But that Coincident Data doesn't tell us where we're going in the future, it just defines the trend. For profits, for example, would also follow that trend in Coincident Growth.
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