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Thursday, July 28, 2022

The US is in a recession now!

https://finance.yahoo.com/news/q-2-us-gdp-gross-domestic-product-economic-activity-123214911.html
The US is in a recession now as defined by the conventional definition of 2 quarters of negative growth (Q1:-1.6% & Q2:-0.9%).

We had stated previously that the US would encounter a hard landing.

http://sg-stock.blogspot.com/2022/05/will-us-be-heading-for-soft-or-hard.html

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