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Growth Worries Bubble Up Again but the Charts Look Okay

James "Rev Shark" DePorre

For a while on Tuesday, market participants forgot recent worries about the inverted yield curve and slowing economic growth. This narrative about slowing economic growth has gained some traction lately but it still hasn't been fully embraced. The central banks are poised to deal quickly with any overt signs of weakness, and talk about an interest rate cut is going to build if the economic growth worries persist.