Economic Expansion ahead - or Late Cycle and hence Recession ahead?
Let me make it easy for people who find it difficult to understand where we are in the Business Cycle.
On Thursday, ECB chose to cut its Fund Rates. ECB and FED always will try to cut rates late cycle to hinder Economy from falling into Recession.
Now look at the chart. Are we "Late Cycle" - or standing in front of "New Economic Expansion"?
THINK!
https://x.com/HenrikZeberg/status/1799405361612415343
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