Ex-Federal Reserve chair says US economy is heading toward period of stagflation for first time since 1970s: CEO of Goldman Sachs says risk of America falling into a recession 'is very, very high'

UK Daily Mail ^ | May 16 2022 | ADAM MANNO

[Rural_Michigan]

True. But last recession half the surveyors went broke for no work. And these mechanical projects have big money behind them... replacing 1200 ton chillers isn’t cheap.

And Trane notified us today that effective immediately prices are up 10% and more hikes coming so buy it now

[sten]

there isn’t much ‘risk’ when they’ve literally creating the inflation and all these ‘shortages’

[Sam Gamgee]

Bloomberg says no recession. Of course the market makers need Joe Sixpack to buy while they are selling.