An Old Wall Journo on CNBC is more likely to define “what the market is doing” in Dow points than anything else.
Fortunately, unlike them, history has #timestamps.
They might want/need to tell you there “was no recession.” But there was. It was called a Global Industrial, Manufacturing, & Profit Recession.
This chart from today's Early Look by Keith McCullough shows the 27-month slowdown in S&P 500 and Russell 2000 net income growth.
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