A theme I have been working with for awhile is the economy is not that bad. If you ask a major bear about what the perfect economy is and what would it take for them to be less bearish or even bullish they cannot answer. Some people are just always negative. Growth has been revised up, it may be revised down, but the recession has not started. It may start in the first year of the next President as recessions tend to happen in first years, but not always.
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