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The Economy Is Fine. Trade War Rhetoric Is The Main Risk

FYI: The macro data from the past month continues to mostly point to positive growth. On balance, the evidence suggests the imminent onset of a recession is unlikely. The largest risk to the economy is the escalation in trade war rhetoric.
Regards,
Ted
http://fat-pitch.blogspot.com/2018/07/july-macro-update-economy-is-fine-trade.html
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