Current Events > A 'rolling recession' in the US could morph into a full-blown slump.

(+) Yeah! (+)

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.

We've been hearing about this pending recession since 2014.

I have no idea what this mumbo jumbo means, I just no that the average American can't even afford a house anymomre,

back in the day a sole worker in a factory could buy a house support a family and have two cars no problem back in the day fucking Amazon and Walmart fucked out country into some corporate hell hole

powell decides where the economy goes

Haejin posted...

I have no idea what this mumbo jumbo means, I just no that the average American can't even afford a house anymomre,

back in the day a sole worker in a factory could buy a house support a family and have two cars no problem back in the day fucking Amazon and Walmart fucked out country into some corporate hell hole

it means recessions in certain parts of the economy at different times or overlapping

depends how many more big unions go on strike and for how long. and once texas's power grid fails the rest of the country will suffer dealing with that