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#21
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I see no signs of a recession other than down the road in the housing market. Commodity Inflation has peaked and will be rolling over shortly. Wage/Consumer Spending inflation is still too high. Unemployment is still very low, Recession I do not see. Never underestimate the power of US Consumers they’re still spending strongly on travel, experiences, and services. Goods have cooled but that’s a good thing. US Economy IMO is still healthy. A soft landing is coming.
Last edited by Johnny630; 11-02-2022 at 08:56 PM. |
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