The Global Guru

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The Global Guru
The Global Guru
The ‘Austrian’ Crystal Ball: Is the 2024 Recession Inevitable?

The ‘Austrian’ Crystal Ball: Is the 2024 Recession Inevitable?

Business-to-business (B2B) spending has fallen over 9% in real terms since October

Jul 07, 2023
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The Global Guru
The Global Guru
The ‘Austrian’ Crystal Ball: Is the 2024 Recession Inevitable?
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By Mark Skousen
Editor, Forecasts & Strategies

“For the last six recessions, a recession on average began six to 36 months after the yield curve inverted.” -- Anu Gaggar, Commonwealth Financial Network 

In the face of rising interest rates and a tight money policy, the economy and the stock market have been surprisingly robust in 2023. Both the “top line” …

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