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More Signs of a Soft Patch
Several economic reports released today provide additional evidence that the economy appears to be heading into a soft patch. First-quarter real GDP posted a meek 1.4 percent gain, held back by sharply lower auto sales. Data so far for the second quarter show continuing weakness in autos and housing. Softer GDP, housing and autos emerged […]
READ MOREThe Regression Theorem: Misconceptions
Four misconceptions of the regression theorem, explained.
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