
08-17-2019, 09:07 AM
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Sage
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Join Date: Mar 2008
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Quote:
Originally Posted by ColdNoMore
All 'recessions'...are not created equal.
Given that we are now, hands down, in the longest economic expansion in American history...simple common sense says it HAS correct at some point.
The big question of course is...by how much?
In my mind, the concerning part is that most of the tools in the toolbox that can be used to soften any recession, have already been used (tax cuts/low interest rates/eliminating regulations/etc.)...just to keep this one going.
A weapon is useless, if you've already used all of your ammunition. 
As for those who are naive enough to think a shrinking economy is just "fake news" generated by the media, you may want to do some research on trucking/railroad volumes which are leading indicators...and put less emphasis on trailing indicators.
You might also ask yourself, who benefits the most by trying to make you believe everything is just hunky-dory...and there's nothing to worry about.
Leading Indicators (Blow truck Horn Here)
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National economic downturns and any indicators of same seem to be noted, and even celebrated by some folks for other reasons. At least on this Forum. Just watching from a safe seat. Not an expert.
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