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Robert Hughes

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 […]

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William J. Luther

The Regression Theorem: Misconceptions

Four misconceptions of the regression theorem, explained.

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