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Monday, February 27, 2023

Fundamental: Economists’ crystal balls are growing cloudier. But they still expect a recession

Forex Factory
 
 
Alert Alert Feb 27, 2023, 2:33pm
 
Fundamental: Economists' crystal balls are growing cloudier. But they still expect a recession
The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on the rebound. Consumers keep spending, and their confidence is growing. But holiday sales were tepid. Corporate layoffs are mounting. Company earnings aren't stellar. And mortgage rates are ticking higher. In a time when the economic ...
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