The Paradox of Perception: Feeling a Recession in a Strong Economy
TL;DR Summary
Despite calls for a recession, the US housing market remains strong, although a surge in construction could lead to layoffs. The Federal Reserve is expected to cut interest rates, but the timing is uncertain. The drop in oil prices is not indicative of a recession, but rather reflects increased production in the US. Longer-term yields are expected to rise again.
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