Independent thinker
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- Oct 15, 2015
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When things turn to shit they just keep spiraling down. Here are three signs of a recession which may be on the way but things are going great!:
"I think the Fed needs to be careful because if they keep rates too high for too long, they risk their own forecasted economic slowdown moving into a recessionary period," Mahn says. He points to several warning signs of a recession: first quarter GDP growth slowing to 1.6%, consumer sentiment slumping to its lowest level since July 2022, increasing unemployment, and an overleveraged consumer slowing down spending.
"I think the Fed needs to be careful because if they keep rates too high for too long, they risk their own forecasted economic slowdown moving into a recessionary period," Mahn says. He points to several warning signs of a recession: first quarter GDP growth slowing to 1.6%, consumer sentiment slumping to its lowest level since July 2022, increasing unemployment, and an overleveraged consumer slowing down spending.
3 signs that point to a recession: Strategist
Federal Reserve Governor Christopher Waller said today that he favors holding interest rates higher for longer and needs to see several more months of favorable inflation data before pursuing rate cuts. Hennion & Walsh chief investment officer Kevin Mahn joins Market Domination to discuss the...
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