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Escalating oil prices and Fed funds rates preceded U.S. recessions, Alan Reynolds notes
Escalating oil prices and increases in Fed funds rates have preceded every recession in the United States since 1957.
Alan Reynolds draws attention to this historical pattern, suggesting a strong link between these economic factors and the onset of recessions in the U.S. economy.
Reynolds has previously highlighted other domestic economic pressures in his market commentary. He cited Trump tariffs for boosting attorney demand while also warning of deadweight loss and reduced import capacity. In a separate analysis, Reynolds pointed to high state and local taxes as a key factor influencing state relocation decisions.
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