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Are we in recession already?

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Are we in recession already?

Edward Harrison
Mar 6, 2020
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Are we in recession already?

pro.creditwritedowns.com

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We are set for yet another down day in equity markets, with S&P and Nasdaq futures showing 3% losses as I write this. The real moves are in the bond market though because we've seen 20 basis point moves at the long-end of the curve as everyone is rushing into safe haven assets.

My contention yesterday was that the US economy was in a full blown reco…

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