Recession: It's Not the Name, It's the Magnitude
According to one widely followed metric, the US economy is now in recession; at least based on the initial estimate of real Q2 GDP by the Bureau of Economic Analysis.
Source: etftrends.com
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According to one widely followed metric, the US economy is now in recession; at least based on the initial estimate of real Q2 GDP by the Bureau of Economic Analysis.
We believe high inflation and rising interest rates have impacted spending trends, leaving earnings estimates vulnerable to downside revision.