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Normalization, not a #recession.

Big difference.

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Managed reality

Does the number match your feelings about the economy?

Yes.

The US services sector continues to do very well, while the (much smaller) manufacturing sector continues to languish.

Interesting. Maybe I'm over focused on tech. It's still a mudslide territory there.

There are definitely ongoing pockets of pain.

If we keep eating garbage they are going to keep feeding it to us.