View full page at forexfactory.com

 

Josh Brown: The US has never imported a recession and the consumer is 'on fire'

From cnbc.com

Recession fears have been reignited amid weakening global conditions, but recessions have never been contagious and the U.S. is doing just fine, according to Josh Brown, CEO of Ritholtz Wealth Management. "The consumer is on fire. The small business owner is on fire. Financial conditions have not been easier in 13 years. Money is flowing and businesses are growing," Brown, also a CNBC contributor, told CNBC's "Halftime Report." "Can you think of a recession from anywhere international that we've imported over here? It's never happened. Even in 1998 when every country in Asia melted down, devaluation of the Ruble, ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis