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26-05-2023, 12:30 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
The prospects of a U.S. recession have been rising throughout 2022 as the Fed committed to rate hikes and the yield curve inverted in March. Stocks, now in a bear market, had their worst start to the year since 1970, and inflation has hit 40-year highs. The economic news has not been good.
Q1 2022 GDP growth was negative, suggesting a recession may have started. Now, the Atlanta GDPNow model signals Q2 growth may be negative too. If that forecast holds then the recession that seemed likely...
Read more (https://www.sammyboy.com/threads/u-s-recession-already-six-months-old-says-fed-model.325856/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/u-s-recession-already-six-months-old-says-fed-model.325856/).
The prospects of a U.S. recession have been rising throughout 2022 as the Fed committed to rate hikes and the yield curve inverted in March. Stocks, now in a bear market, had their worst start to the year since 1970, and inflation has hit 40-year highs. The economic news has not been good.
Q1 2022 GDP growth was negative, suggesting a recession may have started. Now, the Atlanta GDPNow model signals Q2 growth may be negative too. If that forecast holds then the recession that seemed likely...
Read more (https://www.sammyboy.com/threads/u-s-recession-already-six-months-old-says-fed-model.325856/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/u-s-recession-already-six-months-old-says-fed-model.325856/).