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Markets To Hit New Lows When Inevitable Recession Hits? | Eric Basmajian

Wealthion - Be Financially Resilient

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The Importance of Cyclics in the Economy

The unemployment rate will almost always be at its lowest point where it will look the best as the recession is beginning. The most cyclical components of the economy are sensitive to changes that are being experienced in monetary policy and how that's impacting demand. We're seeing the very early signs of job losses in the cyclical categories, but if there were to be a pronounced recession, we would need those very cyclical numbers instead of being minus 60, 70, 80 every month.

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