Posted on 02/15/2023 7:29:35 AM PST by SaxxonWoods
The US economy will likely avoid a recession or even a slowdown as inflation cools, according to Ed Yardeni. "I'm not in the recession camp. I'm in the soft landing camp now and I'm wondering whether it should be in the no landing camp," Yardeni told CNBC.
(Excerpt) Read more at msn.com ...
LMAO ya right, just like inflation is stabilized and getting better, unemployment is good and we did not have a recession last year
Sorry my bills and the mass amount of layoffs we read about every day say something completely different.
Just another globalist mouthpiece carrying water.
Ed is off his meds.
“...as inflation cools...”. Oh, probably why $100.00 worth of groceries was $312.00 after $74.00 coupons the other day. And, “ only” $72.00 to fill the truck. THAT cooling inflation. 🙄👍
Earlier today on FR, we have a thread about upward revisions to the CPI numbers over the last few months indicating inflation was worse than what was previously reported.
I suspect that’s what will happen with the GDP numbers, initially they will get reported as positive indicating no recession, then 6 months later they will be revised downward indicating a recession was indeed happening.
I think this is a bunch of bulloney.
Time will tell
“Unexpectedly” will return. Like during obama’s reign.
Agree Yardeni sounds like one of the wishful thinking sales agent.
Everything good is down everything bad is up the stock market is a yoyo event.
Some will only be satisfied by a depression.
They will cling to that hope until the bitter end.
Wishful thinking. Has this author tried to buy a house or been to a car dealership lately? How about a supermarket?
Inflation still rising, input costs still going up, scarcity still getting worse. Govenment spending still completely out of control. Labor shortage is persistant, with millions of able-bodied people sitting on their asses of collecting a check. Urban centers are getting destroyed.
Rattlers - like this author and the talking heads in the financial media - have their entire lives wrapped up in Wall St. They all want what they think is a current “bubble” to just pop like the others.
Well, we might as well reelect Biden by acclamation right now. Greatest president ever! Morning in America. Prosperity all around.
/sarc
When was the last time this guy actually bought some eggs and milk at the grocery store?
Explain losing over 200k in my 401k, gas in may area still over 4 dollars a gallon, 30% increase in my electric bill, grocery prices more than doubled, and the recent report that inflation numbers were originally reported wrong and it was much worse than reported? Then address the continued sting of layoffs.
Now please tell me what plan their is to remove all the excess printed currency from circulating, because until that is addressed inflation is not going away!
No sane person is rooting for hardships, also no sane person should be in denial of the facts they can see with their own eyes.
It has become clichés for the “experts” to later declare it was “unexpected.”
People are forgetting that the economy can grow and there can be inflation at the same time. In fact, it’s been our most common condition for decades.
Biden is irrelevant. I learned my lesson under Obama. He tried to kill the economy too. I even retired as he took office, deciding it wasn’t worth working anymore. Then my net worth doubled under him while I didn’t work. I still hated him, of course. This is his third term.
“Yardeni is Deep State.”
Deep State runs the world.
Uhm, not sure if you are now just being flippant. let’s define inflation shall we?
Inflation - a broad rise in the prices of goods and services across the economy over time.
An increase in inflation means it is outstripping the general economy’s growth, neutral means it matches, neutral is fine, we have it increasing and it has continued to increase.
So your point about the economy growing is a red hearing at best. What relevance does it have? The problem is the economy is not growing to keep up with inflation.
You are correct, however the economy isn’t growing this time.
“Now please tell me what plan their is to remove all the excess printed currency from circulating, because until that is addressed inflation is not going away!”
Stop worrying over the way things have always been. We’ve done this cycle for generations. Stop tilting at windmills and react as needed to the conditions. A hot economy is inflationary. It’s being slowed.
React as needed. Fortunes are made during downturns and lost during booms. The only constant is change, roll with it.
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