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Experts caution against recession indicator

New York Post - 16 Aug 2019 03:29
Experts caution against recession indicator A geeky recession indicator that blared red on Wednesday -- freaking out Wall Street and Main Street alike -- might be broken, economists say. On Wednesday, the Dow Jones Industrial Average plunged 800 points -- marking its worst dip all year -- after a rare inversion of Treasury market yields sounded alarm bells. But economists...
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