Replies to post #101808 on Mohacsy's Safe Portfolio Member Forum

[santafe2]

Chris Tomlinson: The U.S. is likely in a recession;

Who are these people? First it was Powell saying it's not really a recession, then Biden, then Yellen. Sorry, two consecutive quarters where GDP shrinks is a recession. It's not technically a recession, just an old fashioned recession. It's difficult for the economy to outrun inflation at this level.