Signs US economy is headed for recession

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SMBC chief economist Joe LaVorgna and Breitbart economics and finance editor John Carney discuss signs of an economic recession and the Democratic Party’s anti-growth policies on ‘Kudlow.’ #foxbusiness #kudlow

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44 COMMENTS

  1. With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?

  2. As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.

  3. All the money thievery is taking a sledgehammer to society. Not just the evil billionaires thievery, Every movie star, musician, sports player, etc. That accepts Ludacris amounts of money they are not entitled to but instead a fair wage. They are also guilty of this horrible evil of destroying the United States. All thieves, whoever they are, will have to pay the piper and good riddance to the ones who's tab is so high, suffering is included in the debt payment. Not to mention what the book of revelation says is waiting for them.

  4. I'm no investor or business guy but i need this recession to happened so i can get a certain car I'm after since all the whales (who have way too many vehicles then what they need) bought all of the certain car model in a 200 miles radius

  5. A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

  6. Recession is a tool america will use to negotiate with the world to lower price of good and services we import. But this time around the Chinese may not come to negotiating table which can run the recession longer which coupled with a world War 3 likelihood this can blow up long and hard. Only with indian, vietnamese and Mexico imports we might get through this. Chinese could dump dollar as well this time. Triple whammy on the horizon.

  7. According to a general definition of recession—two consecutive quarters of negative gross domestic product (GDP)—the U.S. entered into a recession in the summer of 2022.

  8. Don't get me wrong, I know the economy is in shambles and in order to break even and make profit, we have to ride it out until stock recovery, but how are some folks in the same stock market as me still able to pull off substantial profits of as much as 650K within months, what am I doing wrong?

  9. Serious inflation + recession. House prices still 30-40% overpriced for the average worker. Same with food and many other essentials. People who are suddenly screaming "recession so badly" are those who bought stocks and RE at the peak and now facing corrections in the markets. That's a real mess.

  10. I can tell you how to save money in America quit giving it to other countries they are their own countries they don’t give America no money why should we give other countries money quit pledging America’s money it don’t belong to the government

  11. Actual picture of assets &services are nominal ,trash dollar bills are inappropriate ratio of fantasy ,stone age barter system is classic example to learn a cue of price (currency) actual worth(value ) exorbitant unusually in fantacy ratio

  12. Housing precedes everything. The government creates USD through new mortgages.

    "Housing" = land. Classical economic theory (science-based economic theory) says land and labor are the 2 basic factors of wealth production. (Capital is a product of land + labor.)

  13. If you care about America, you should be outraged by what is happening to it. What do you think our founding fathers would say if they saw our cities and economies today? From skyrocketing inflation and an unprecedented housing bubble to an exploitative health-care system and skyrocketing energy prices. The financial market is the worst of all. I have inheritance of $147,000 that I would like to invest, but I find it difficult to bite the bullet and do so.

  14. Signs? Middle America is losing purchasing power for the past 6 months. How much more do you need to know? Note: Shadow stats report a 15.6% inflation rate for 2022.

  15. A lot of folks have been going on about a December rally and said stocks that would be experiencing significant growth these festive season, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?

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