Expect a Long Period of Weak Growth, Whether or Not It’s Labeled Recession – Mish Talk

Misplaced Recession Debate

Housing leads recessions and recoveries. What’s on the way?

Much of the debate over “recession” is misplaced. I believe a recession started in May and that a third quarter of negative GDP is on the way.

Some believe a third quarter of declining growth will mean a recession started in the first quarter.

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