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TopicA 'rolling recession' in the US could morph into a full-blown slump.
Necronmon
09/11/23 5:29:52 PM
#1:


https://www.msn.com/en-us/money/markets/a-rolling-recession-in-the-us-could-morph-

into-a-full-blown-slump-and-the-fed-s-unlikely-to-slash-interest-rates-in-2024-top-strategist-says/ar-AA1gyBYi?ocid=SK2ADHP&pc=SK2A&c

vid=e0cac7e294064ef49f442bab288fa35d&ei=18

  • Bullet points are The US economy is in a "rolling recession" and a full-blown downturn looms, Liz Ann Sonders says.
  • Weakness in consumer goods and manufacturing is being offset by strength in services, she noted.
  • Charles Schwab's chief investment strategist doesn't expect a bunch of interestrate cuts in 2024.
Hopefully Biden can prevent this from happening right before reelection...Trump does not need any more ammo.
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