Expect a long period of weak growth, whether or not it’s a recession – Mish Talk

Misplaced debate on the recession

Housing leads recessions and recoveries. What’s on the way?

Much of the “recession” debate is misspaced. I believe a recession started in May and a third quarter of negative GDP is on the way.

Some believe that a declining third quarter of growth will mean a recession that started in the first quarter.

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