Eric Basmajian says investors should look past headline GDP and watch the sub-20% of the U.S. economy that drives cyclical turning points. He argues every downt

Eric Basmajian says investors should look past headline GDP and watch the sub-20% of the U.S. economy that drives cyclical turning points. He argues every downturn starts there, even as residential building payrolls are down just 2.5% from their peak.