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  • Why a US Recession Isn’t in the Cards ... for Now

    From morningstar.com

    video Bearish news in the latest jobs report has rattled Wall Street. Unemployment in July rose and triggered a key recession indicator. That information followed the Federal Reserve’s meeting where they held interest rates steady, but they also signaled a potential rate cut in September. Morningstar senior US economist Preston Caldwell thinks the Fed can no longer afford to wait. Thanks for joining me, Preston. Preston Caldwell: Glad to be here. Hi, Ivanna. Hampton: Now, recession fears have suddenly swept through the markets. How real is the risk of recession anytime soon? Caldwell: Well, make no mistake, ... (full story)

Say what you want about “recession”….

…. market crash is still very much on the cards.

What a dull article.
What are you thoughts with thoughts, what did you think the article lacks ?
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  • Posted: Aug 6, 2024 2:14am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 2  /  Views: 3,196

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