To Tell the Truth was a game show where celebrities would try and determine which contestant was telling the truth and which were the impostors. After making their guess the host would ask, ‘would the real______ please stand up?’
What is the real economy? There’s no shortage of sources and opinions about today’s economy. Who is telling the truth? Let’s see if we can identify the impostors and guess correctly.
Allow me to introduce our contestants.
Morgan Stanley economist Vincent Reinhart says the trajectory of economic activity hits an inflection point midway through 2013, and the expansion...