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With the Economic Cycle Research Institute's recent prediction that the economy is heading into a new recession that can't be prevented by government intervention, we should remember that it has correctly called three recessions without any false alarms in between.
Taking a look at past financial crises that explain deflationary and inflationary extremes and how they cause lousy stock markets is a helpful exercise right now. Protraction seems the best way to characterize present conditions.
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Begins June 18, 2025
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With Elaine Floyd, CFP® and Sean M. Bailey
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