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2013 Stock High Comes With Recession Warning
The Great Recession began in December 2007, just two months after the Dow Jones Industrial Average hit a record high. Now the Dow is at a new high, and at least one economist thinks we're in another recession.
That's the verdict Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, a private research firm that sells indices of leading economic indicators, posted in a presentation on his firm's website on Thursday.
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