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by Izkata
1269 days ago
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Allow me to repeat: spikes, not fluctuates slightly higher. 1948, 1953, 1960, 1974, 1980, 2001, and 2008 all fit what I said. 1957, 1970, 1981, and kind-of 1990 are the exceptions. As for the extended low unemployment... If you ignore the covid anomaly (as most people seem to since it wasn't a natural market reaction but caused by lockdowns), we're at the same 3 years of the previous maximum duration. |
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