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Campbell Harvey, Professor of Finance, Fuqua School of Business, Duke University

Alpha Exchange

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The Icurve Predicts Real Economic Activity and Recessions

imean: With respect to the global financial crisis, this was really a finance event that became an economic event. And with respect to the shock of 20 20, well, there's a strong view that a recession would have happened anyway. So all these things are pretty unique. Ad you've done some work with bob whaley, whose name is very much attached to the c b o e vixindex.

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