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Jan 16 2019

A Recovery Refresh?

  • Jan 16, 2019

In 2018, the U.S. recovery was on a path toward recession. It couldn’t last much longer growing above 3% in real terms and 5.5% in nominal terms, with an unemployment rate below 4%. Wages, consumer, producer, and commodity prices were rising and the Federal Reserve (Fed) and bond vigilantes were tightening.

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James Paulsen

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James Paulsen / Chief Investment Strategist

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