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Slowing Money Supply Growth May Trigger a Recession – Frank Shostak (09/11/2019)

Sep 11th, 2019 | By brinvest | Category: WallStreetWindow

A slight strengthening in the momentum of consumer expenditure has prompted many commentators to suggest that as long as the US consumer continues to spend there is no risk of a recession ahead. The yearly growth rate of consumer expenditure at current prices stood at 4.1% in July against 4% in June. Notwithstanding still buoyant…

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