Even Dallas Fed Confesses: “This Is A Recession”

By Tyler Durden at Zerohedge The Dallas Fed Business Outlook has now been in contraction for 18 straight months. The underlying components are mixed but the average workweek has collapsed back to its lowest since Nov 2009. As one respondent noted, “This is a recession… Fed policy has us locked into a lethargic and tenuous position… We […]
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