Robert DiClemente Quotes
At each such turning point since 1960, industrial production has risen notably over the succeeding 12 months. This period is unlikely to be an exception. 
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Turning | Point | 1960 | Industrial | Production |
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The wealthiest households took the hardest hit from the equity slide over the past two years and had the largest debt exposure. Since these high-income households are in the best position to withstand deterioration in their financial positions, the shocks are likely to have a limited effect on overall consumer spending.
- Robert DiClemente
