Ah yes, I have read Piero's article now and I see that he quotes the Federal Reserve Bank of New York and uses an alternative view from a totally different timeframe to use as balance. And good on him. Did you read the rest of the article to the end? All over the place, but conceding that when it was written (clearly in 2024, despite being published on January 10 2025) there was a strong chance of an uptick in US economic activity with the prospect of Donald Trump's election being a positive for the stock market.
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