Stock market quietly deflates - MacroBusiness
MacroBusiness Access Subscriber Only Content Morgan Stanley with the note: NBER confirms the shortest recession in history at just 2 months. From the day the recession began last year, we’ve been ahead of the consensus with the progression of this new cycle staring with the v-shaped recovery. It’s all happening faster than normal and that means rotations and changing leadership is happening faster too. There are 1062 words left in this subscriber-only article. Our midcycle transition starting back in March should now make more sense with historical comparisons as it typically begins about...