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AUTHOR
Mick Weinstein
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Dr. Doom is out with his gloomiest message yet: This time he says the odds of a global recession are “100!”
The optimism about a March rate cut has supported capital markets and has loosened financial conditions, but the author believes the optimism may be excessive and that the Fed may delay rate cuts until May or June.
Housing starts just surged and may indirectly spur GDP growth.
The transportation companies are still struggling, and they are sending repeated warning signals about future economic growth.