Is Good News Finally Good News Again?
https://www.nytimes.com/2023/08/03/business/economy/economy-good-news.html
Economists had been wary of strong economic data, worried that it meant inflation might stay high. Now they are starting to embrace it.
https://www.nytimes.com/2023/08/03/business/economy/economy-good-news.html
Economists had been wary of strong economic data, worried that it meant inflation might stay high. Now they are starting to embrace it.
MY TAKE: Traditional recession indicators have misfired — are we in for a sneaky recession?