MacroVoices #339 Lakshman Achuthan: Leading Indicators Say The Bear Market Has Not Ended
Macro Voices
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Recession Cycles Versus Market Cycles
There is a strong relationship between the business cycle and growth rate cycles. But it's notisno? It's not like physics. Until we start forecasting a white shaded area, you know, i would be careful. And if we are indeed moving into a more persistent environment, then what i'm showing you could change from what i'm show you here. Perhaps we get more to a more persistent cyclical decline around growth rate turns.
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