The Tortoise Recovery

By: Raymond W. Stone, PhD
With the economy just passing the 58th month of recovery, the upturn is spot-on. To some, this means that we are  moving inexorably closer to the next recession. But  it’s possible that longevity just  means that we are getting better. Dr. Raymond W. Stone of Stone & McCarthy Research Associates explains why the upturn may resemble the tortoise  more than the hare, but the slower pace could translate into a longer life. 

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