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Recession signals, inflation, jobs, rates and growth in one place. Pulled from FRED and updated automatically.

Where we are now

Latest reading and change vs. one year ago

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The Defined Duration® approach

Recessions are inevitable. Selling at the bottom isn't.

Nobody can tell you when the next downturn hits. But you can make sure it never forces you to sell stocks to pay your bills. Defined Duration® Investing brings institutional style asset-liability matching to retail investors so you don't have to worry about when your money can fund your goals.

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Want the takeaways without the charts?

Short, practical notes on what's moving and what it means for your money. No forecasting nonsense.

For informational purposes only. Nothing on this page is investment advice or a recommendation to buy or sell any security. Data comes from FRED (Federal Reserve Bank of St. Louis) and other public sources and may be revised after publication. Recession shading reflects NBER business cycle dates. Proprietary series such as the Roche Recession Indicator are Discipline Funds calculations and are not predictions of future results. Past performance does not guarantee future results.

Investors should consider the investment objectives, risks, charges and expenses of any fund carefully before investing. Discipline Funds is an SEC-registered investment adviser. Registration does not imply a certain level of skill or training. Full disclosures