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DewDiligence

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DewDiligence

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Re: DewDiligence post# 27830

Friday, 05/19/2023 11:00:21 AM

Friday, May 19, 2023 11:00:21 AM

Post# of 30495
Recession?

Today we have yet another data point from DE (#msg-171947205) to supplement the recent data point from CAT (#msg-171784334) to argue against a near-term economic downturn.

True, both DE and CAT have special tailwinds, but we can’t simply dismiss the stellar performance of these two bellwethers from the outlook for the global economy.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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