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Jan 07 2026

Recession Risk Low

  • Jan 7, 2026

The final Up/Down ratio for Q3 is 1.61—the highest “three-month” figure since Q2-21, and the second consecutive above-average reading. Our survey of around 5,000 firms continues to point to an EPS growth story that has extended to the most firms since the economic bounce following the pandemic.

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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager

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