The Rising Influence of Rising Affluence

[10nisman]

What are you saying with that rhetorical question? TIA

The Atlanta Fed is estimating Q4 2022 real GDP to be significantly positive (3.0% - 4.2%), and thus, we won't have enough data between now and 6 months from today to determine whether we're in a recession (assuming no new significant one-off shocks to the world / economy (i.e., Terrorist attacks, World War, New pandemic, etc.).

Remember we had two negative real GDP growth prints in Q1 2022 and Q2 2022, and we were definitely not in a recession.