11/25/08

Recession monitor


The growth of the economy continues to decline (see graph, click on chart to enlarge). Economists expect a big drop in GDP in the fourth quarter.

Implications. A slow economy will continue to depress prices and increase the risks of deflation.

More, much more when you read older posts and subscribe to The Peter Dag Portfolio by going to https://www.peterdag.com/.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977

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