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Economic Vigor.
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Economic Vigor.

A longer war.

John Ellis
Jul 23, 2023
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1. It made sense at the time. Jerome Powell was waging war on inflation. The bond market was flashing dire warnings. Practically everyone saw a recession coming. And yet fewer than 20 months after it began, the bear market that engulfed the S&P 500 is a mere 260 points from being completely erased. Rather than foretelling trouble, chart patterns trackin…

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