We been in a recession since 2022. Take a look around you today. We all know how we got here today from the pandemic lockdowns. If it wasn’t for this. We wouldn’t have to worry.
So at least 70%of the consumers are fine or doing better than before while the bottom 20% and especially 10% are having big difficulties. Now the question is what party drags the other on its side.
That's an insane point when its clear income has not matched inflation. People have experienced asset value growth, but that is not liquid and is dependent upon consumer sentiment. %70 of people are not richer, they simply THINK they are.
Basically, the rich are getting richer...
Is 50% of the population the rich?
Translation, the US Economy is in a recession but the current administration will never allow them to declare an official one.
Never say Never 🤓 🖕
“Selective recession!” You just made that up! 🙂
😂😂😂😂
Narratives:
It's a soft landing
then
It's a selective recession
Next
It's a recession
and eventually and maybe
Hard landing
We been in a recession since 2022. Take a look around you today. We all know how we got here today from the pandemic lockdowns. If it wasn’t for this. We wouldn’t have to worry.
So at least 70%of the consumers are fine or doing better than before while the bottom 20% and especially 10% are having big difficulties. Now the question is what party drags the other on its side.
That's an insane point when its clear income has not matched inflation. People have experienced asset value growth, but that is not liquid and is dependent upon consumer sentiment. %70 of people are not richer, they simply THINK they are.
The market is strong regardless of inflation fears
Oh all of a sudden
We been knowing since Biden took office
He is right.