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    Economy

    SMU Recession Monitor: Markets Becoming More Nervous

    Written by Peter Wright


    Indicators of economic activity in the U.S. do not predict an imminent recession, but the yield curve and housing permits should be on our radar screen.

    Recessions are defined by the National Bureau of Economic Research (NBER), the organization tasked with identifying when a recession starts and ends, as back-to-back quarters of negative economic growth.

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