Mispriced Markets, Miserable Outlook
Moody's Talks - Inside Economics
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Is There a Recession?
The year to date S&P is almost 20, right? And so it's up four on that basis. If you think of them as a return stream of future earnings, they're only down because the discount rate is up. So we have a fighting chance to avoid recession with a little bit of lock in some debt policymaking.
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