Earnings being revised upwards despite leading economic indicators contracting; US deficit spending as a percentage of GDP is at its highest point outside of war or recession since 1960

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Analysts are repeating the same mistake made during the 2008 Financial Crisis by revising earnings upwards despite a contraction in leading economic indicators, raising major warning signals. The US is experiencing deficit spending near 10% of GDP, reaching levels last seen in 2008, yet the Fed maintains that there is no recession in sight, leading to questions about the reasons behind such high spending levels, creating uncertainty in the market.






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