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US Bull, China Bear
Moody's Talks - Inside Economics
How to Square the Equity Market With the Yield Curve
The decline in the equity market back in early 2021, you look at your yield curve diffusion index, it would have suggested maybe a recession is imminent. That has not happened. But based on these historical relationships, there's another bullet coming in 2024. And that so potentially we could have a recession in 24. It's not outside the realm of, you know, it's a scenario with a reasonable probability that we can.
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