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ECRI: GLOBAL SLOW-DOWN IS COMING

I can’t figure out how their indices work for the life of me (they appear to just mirror the S&P 500), but the folks at ECRI have been remarkably accurate in recent years. ¬†Lakshman Achuthan, Chief Economist of ECRI, says global industrial growth is set to peak this summer. ¬†He says a slow-down is “for sure”, but not necessarily forecasting a new recession.

 

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