Pleasure boats, aircraft, recreational vehicle sales collapse. As they do before most recessions.

Another recession is looming, writes Martin Feldstein www.wsj.com/articles/another-recession-is-looming-1538088367 via @WSJ It’s safe to say this is the most important read of the day. Assign it to yourself as weekend reading if you’re too preoccupied with Italy as so many of us are today.

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