Posted on 06/26/2023 4:20:29 PM PDT by RomanSoldier19
he much-anticipated recession of 2023 has yet to materialize. Some of the latest economic data point to more signs of strength than weakness.
One strategist has a term for what that says about the state of the US economy.
"We're calling that a rolling recession," David Bailin, chief investment officer at Citi Global Wealth Investments, told Yahoo Finance.
He explained how some sectors of the economy are already in decline, while others, like travel and leisure, are still strong.
"Clearly commercial real estate is in recession," he said. "Some of our manufacturing, basic consumer manufacturing is in recession right now."
(Excerpt) Read more at msn.com ...
They use all these qualification excuses to not call it what it is.
Rolling recession....
Rollin’, rollin’, rollin’
Rawhide!
Keep rollin’, rollin’, rollin’
Though the streams are swollen
Keep them dogies rollin’
Rawhide!
👍
Utter BS. GO TO THE DAMNED GROCERY STORE AND SAY THAT
No kidding...The price of nearly everything has doubled...But it’s a rolling recession...
More claptrap BS.
Could you flesh out that comment a bit?
See#6
Rolling over a cliff
“…much-anticipated recession of 2023 has yet to materialize.“
Ummm.. it showed up in 2021.
Wake up, Sunshine.
No foolin. What I used to spend to feed 6 is now less than what I spend to feed 2.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.