Earlier this year a number of economic analysts were convinced that a US recession was imminent. So far, however, the economy has continued to expand, albeit at a slowing pace as the year unfolded. The breathless warnings have, once again, come to naught — par for the course in recent years. The culprit, as usual: misguided business-cycle analytics.

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Trump OKs partial trade deal with China: WSJ
China’s foreign ministry backs trade deal… sort of: SCMP
Vote on impeachment articles abruptly postponed: The Hill
UK’s Johnson wins big majority, lifting odds for Brexit: BBC
Will the Fed starting cutting rates again in 2020? CNN
Today’s US retail sales report for Nov expected to show slightly firmer 1-year trend
Soft US wholesale inflation in Nov points to weak pricing pressure: CNBC
US jobless claims spiked last week to a 2-year high: MW