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by mywittyname
2509 days ago
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Between 2014 and 2018 or so, the mainstream economic outlook was really good. Unemployment feel below 5%, consumer confidence finally turned positive, economists were complaining about Yellen's continued doveishness towards interest rates when economic indicators showed things were strong, then the tax cuts and associated bonuses and reinvestment. Brexit happened in mid 2016, the US trade wars start up in late 2017, consumer confidence fell off a cliff last year, etc. Yeah, there's segments where doom and gloom is perennial. But mainstream reporting tend to report based on fundamentals such as employment, wages, corporate profits, etc. |
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