Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers
MishTalk
NOVEMBER 20, 2015
The Institute for Supply Management’s index of factory activity slipped to 50.1 Third-quarter Gross Domestic Product grew at a 1.5 When the bubble bursts, the resulting debt overhang forces borrowers to repair their balance sheets via reduced spending or default. in October from 50.2 in September.
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