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Posted earlier: Depending on where you look, the current U.S. economy can be characterized in one of three ways: 1. An economy in equilibrium, anchored by forces of mean reversion. 2. An increasingly unstable equilibrium, driven by diminishing financial and physical buffers. 3. An economy in multi-year transition, reshaped by technological change and geo-economics. Rather than opting for just one of these, consider the world of the in-between: https://t.co/6PnTWV96mX #economy #markets @nytimes