I'm not so sure about that. Even a pause in rates will not help RE and more layoff announcements like GMs imply a slowing economy. Then there's the debt as exemplified by GE. The debt keeps growing: The October trade deficit was reported at $77Billion due in large part to inventory build ahead of expected tariffs (That inventory build boosted GDP, but will detract in coming months as spending is brought forward). But a large number nevertheless which is $925Billion annualized. Also, let's see what consumer spending looks like for Christmas. After 10 years of CB liquidity, this expansion is very long.
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