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we had some very dire macroeconomic data come out on Friday unemployment surging jobs data just looking flat leading all the perab Bears to come out of hibernation to claim that we are finally in a recession or if not in a recession that a recession is absolutely imminent so the question is is this a recession warning that we should be heating or is it different this time of course itamp;#39;s different this time of course itamp;#39;s different this time but weamp;#39;re going to discuss in this update why it really is different and yeah what to make of everything why the Bears are saying that the the unemployment surge that weamp;#39;re seeing up to 4.3% means that we are in recession or very close to recession and why I I can very confidently say even if we end up in a recession that we are absolutely it is different this time we are just simply in a different system state of the macro cycle than any other time when weamp;#39;ve seen acceleration like this in unemployment all ri
