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The economy is seeming less likely to go into a recession

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silverridgepro.com

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srmr@e1.silverridgepro.com

Sent On

Fri, Feb 17, 2023 02:00 PM

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| Dear Reader, I can’t pinpoint exactly when the consensus among economists was that the U.S. w

[Silver Ridge Market Report Logo] [Privacy Policy]( | [Advertiser Disclosure]( Dear Reader, I can’t pinpoint exactly when the consensus among economists was that the U.S. was due for a recession. The worries certainly intensified after we learned GDP growth was negative in Q1 of last year, and they got a whole lot worse when we learned growth was negative in Q2 as well. Over this period, I’ve been skeptical of the idea that the U.S. was destined for a downturn given the massive economic tailwinds I couldn’t stop thinking about and still can’t stop thinking about. Coming into 2023, the baseline expectation for many Wall Street firms was that the U.S. would enter a recession at some point during the year. But after the robust January jobs report and expansionary January ISM Services survey earlier this month, sentiment among economists has shifted a bit. On Monday, Goldman Sachs economist Jan Hatzius published a note titled, “Receding Recession Risk,“ in which he lowered the odds of the U.S. entering a recession in the next 12 months to 25% from 35%. “Continued strength in the labor market and early signs of improvement in the business surveys suggest that the risk of a near-term slump has diminished notably,“ Hatzius wrote. On Wednesday, we learned the Atlanta Fed’s GDPNow model saw real GDP growth climbing at a 2.2% rate in Q1. This metric is up considerably from its initial estimate of 0.7% growth as of January 27. On Thursday, The New York Times published an article from Jeanna Smialek titled: “What Recession? Some Economists See Chances of a Growth Rebound.“ The title speaks for itself. On Sunday, The Wall Street Journal published an article from Nick Timiraos titled: “Hard or Soft Landing? Some Economists See Neither if Growth Accelerates.“ It addresses the same themes. All that said, it could take a few more weeks of resilient economic data before more economists officially revise their forecasts to the upside. Editor, Silver Ridge Market Report Andrew Graham [A Graham Signature] [Privacy Policy]( | [Advertiser Disclosure]( P.S. [This shocking strategy could make you $68,214 richer…]( After 22 years and $7,380,290.90 in trading profits, Tim Sykes is finally releasing his #1 trading strategy to the public. And it's been quietly used by 25 trades that have gone on to make millions of dollars for themselves. Now, thanks to the recent market volatility, you can claim your slice of this “holy grail” strategy and collect up to $68,214 over the next year. [All you'll need to do is follow the steps in this presentation.]( I urge you to act quickly. The next trade is coming. You won't want to miss this. [Get the full details here.]( [Privacy Policy]( | [Advertiser Disclosure]( 406 Media and Silver Ridge Market Report, is not giving individualized financial advice. Never invest more than you are willing to lose. 406 Media or Silver Ridge Market Report is not giving financial, investment, or stock advice. Our content is designed for generalized informational purposes only. If you have specific questions about investments or stocks you should consult a financial advisor. Articles, News, Or Other published materials are not always the views of 406 Media and/or Silver Ridge Market Report. If you feel you are receiving these emails in error please email Support@SilverRidgePro.com or click the unsubscribe button below. 30 N Gould St, STE R, Sheridan WY 82801 This e-mail has been sent to {EMAIL}, [click here to unsubscribe](.

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