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The Best of Times

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The Best of Times

Edward Harrison
Apr 24, 2019
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The Best of Times

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Yesterday, in the US, the S&P 500 and the Nasdaq indices hit record highs. And the Dow Jones Industrial Average is not far behind. Financial markets are doing well.

In the real economy, for weeks now I have suggested that the signs of slowing at the beginning of the year were just a blip. And indeed, real-time econometric nowcast models like the Atlanta …

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