Soft Landing Probabilities have Increased, but Recession Risks Persist
As of July’s end, both the S&P 500 Index and Nasdaq Composite Index posted their fifth consecutive monthly gain.
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As of July’s end, both the S&P 500 Index and Nasdaq Composite Index posted their fifth consecutive monthly gain.
Of the woods yet about a recession? >> yeah. rahel, i do, i mean, inflation is still too high. the reserve is raising interest rates aggressively to slow the economy and get that inflation back down. and historically, when we're in this kind of environment it often lands us in recession. so, i agree with the treasury secretary that recession risks are abating. the job market in particular is showing amazing resilience. can't have a recession if we're creating lots of jobs and that's what kear doing right now. so recession is high but i think we have a fighting chance to get through one without...
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