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Ten years ago, following the Great Recession and financial crisis, Pacific Management Investment Corporation announced at its annual forum that we were entering a period of below-average growth the company called "the new normal," reports MarketWatch. "Their forecast was correct," says MarketWatch, "The recovery from the recession was slow and shallow. It took 3 1/2 years for the level of real gross domestic product to exceed its 2007 peak."
There are many factors now in 2019 that are now deemed "the new normal," according to MarketWatch: Japan and the European Central