The Pomp Letter
The Pomp Letter
The US Economy Is In A Recession
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The US Economy Is In A Recession

To investors,

The Q2 GDP number for the US economy was reported this morning at -0.9% annualized rate. This is the second consecutive quarter of negative GDP growth in the United States, which means that we have officially entered a recession.

There has been a lot of coverage related to the current administration’s commentary around the technical definit…

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