Genius' Macrospective Memo

Buffett Partnership Styled Macrospective Letter

General U.S. Economic Business Environment: U.S. Undergoing a Worsening Recessionary Business Cycle

My view of the current U.S. business cycle is that the U.S. environment is undergoing an estimated recessionary stage. This view is a rough estimation of the current U.S. business cycle that carries future expectations of the general stock market returns o…