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Superinvestors and the Art of Worldly Wisdom cover image

#54: Tian Yang On The Virtues Of Variant Perception Versus Unconscious Conformity

Superinvestors and the Art of Worldly Wisdom

NOTE

The Deceptive Strength of the Labor Market and the Timing of Recessions

Many people believe the labor market is strong and recession is unlikely, but historical data shows that real-time numbers can be misleading. Official recessions are determined by the NBER, but it can take up to a year or more to confirm them.

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