Why Wall Street has got the US economy wrong again

The hiring slowdown does not signal recession for the US economy. Growth is just moving down a gear, says Brian Pellegrini.

Barmaid pouring a cocktail

The leisure sector has seen rapid wage growth in recent years
(Image credit: Getty Images)

The hiring slowdown does not signal recession for the US economy. Growth is just moving down a gear, says Brian Pellegrini, CFA, founder and senior analyst at Intertemporal Economics.

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