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Tim Duy: For Markets, It's the Economy's Direction That Matters
Everyone knows the recession will be deep. But the question is whether the broad data is showing incremental improvement. This is not your typical economic recession, with the cycle from peak to trough likely both narrowed in time and widened in magnitude. The shocking speed and magnitude of the hit to the economy can cause us to lose focus on
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Posted: May 21, 2020 Thursday 09:10 AM