A weird economy may give way to a recession — or not.
it’s unlikely to settle the raging recession debate, not least of which because it could take months or longer for the National Bureau of Economic Research to make a formal declaration.With unemployment still historically low andwith reckless abandon, the NBER’s more stringent benchmarks haven’t been met .
The NBER’s verdict may not be conclusive, if it comes at all. For example, in November 2001, the organization declared a
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