Will we soon be in a recession?

Will they ever though!

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Wall Street economists expect that the United States will face a minor recession by the end of 2022 or the beginning of 2023. It has been stated that the likelihood of a slump occurring this year is minimal. Bank of America Global Research slammed the Federal Reserve in a client note for not raising interest rates sooner to combat inflation.

Interesting. I hope this is correct.

This makes it official right?

I thought that was officially a recession, however in that speech, he was asked a question about Biden saying they wouldnā€™t have a recession and how would they prevent it. So I guess some other metric than negative growth must be included too

Truly by the time they make it official, itā€™ll be over :sweat_smile:

Biden denying recession. Seems like heā€™s learned something from Trump.

You are implying that politicians lie? :wink:

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No, just economical with the truthšŸ˜‰

I am afraid that might happen as a result of the recent political tension among the nations. I would say letā€™s hope for the best but also prepare for the worst.

Playing word games itā€™s a recession by any standard though the current administration can change definitions of anything on a whim :grinning_face_with_smiling_eyes: