How to Read Market Data During a Cyclical Turning Point
Abstract:
Construction and macroeconomic data reports are hard to interpret properly at any time but they are potentially more misleading in the neighborhood of a cyclical turning point such as we are now experiencing as the broad economy settles into a slowdown/recession and later, probably late this year, transitions back to another period of accelerating growth. This is unfortunate because....
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Construction and macroeconomic data reports are hard to interpret properly at any time but they are potentially more misleading in the neighborhood of a cyclical turning point such as we are now experiencing as the broad economy settles into a slowdown/recession and later, probably late this year, transitions back to another period of accelerating growth. This is unfortunate because....