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Tom McClellan says U.S. federal taxes above 18% of GDP have historically coincided with recessions and weaker stock market returns. He also notes falling open i

BWB News TV • 2026-08-09 16:06 UTC • By Billy Odell Tucker-Robinson
Tom McClellan says U.S. federal taxes above 18% of GDP have historically coincided with recessions and weaker stock market returns. He also notes falling open i
Tom McClellan says U.S. federal taxes above 18% of GDP have historically coincided with recessions and weaker stock market returns. He also notes falling open interest suggests softer market activity.
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