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Where Is That Confounded Recession? (Nevins Research) Daniel Nevins argues against the general market sentiment about an upcoming recession by conducting examinations on the housing sector, public policies and real spending capacity. [Bullish equities]
Why Does Australia Have Mini-Recessions? (EconLib) Scott Sumner argues that Australia’s recessions have been much milder than in the US, as they do monetary policy more efficiently. They track the price of money (exchange rate) rather than the rental cost of money. It is far more powerful and unambiguous.
What are the Real Reasons for Declining Productivity? (Mish Talk) Some of the Top 10 reasons include wrong measurement of productivity, time wasted on Facebook and surging obesity levels. [Bearish equities]
Is Rising Concentration Hampering Productivity Growth? (San Francisco Fed) The increase in productivity brought by the IT revolution for large firms in the US has caused lower profit margins across other businesses and a decrease in market competition. In the longer term, this phenomenon will lead to weaker growth in productivity. [Bearish small caps]