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chemist72

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chemist72

Re: None

Thursday, 04/25/2024 10:07:32 AM

Thursday, April 25, 2024 10:07:32 AM

Post# of 67298
Good thing MVNT is doing business outside US.

Although the Conference Board isn't predicting a recession in the US in 2024, it is predicting a significant reduction in business activity. See the quote below:

While we do not forecast a recession in 2024, we do expect consumer spending growth to cool and for overall GDP growth to slow to under 1% over Q2 and Q3 2024.

https://www.conference-board.org/research/us-forecast

Disclaimer: Do not rely on my projections or opinions to make a buy or sell decision. Always do your own DD.

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