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"We’re in a Stealth Recession" w/ David Haggith
Today David Haggith joins us to share his thoughts on the fallacies of Jerome Powell's recent economic outlook and to elaborate more on how the US is already in a "Stealth Recession"
In a talk at the Economic Club, Jerome Powell expressed cautious optimism about the economy, noting that while inflation showed promising signs of settling in the second quarter, underlying pressures like rising producer prices could pose future challenges. He emphasized the Fed's cautious approach to policy changes, highlighting the potential risks of either reigniting inflation or deepening a recession with a premature rate cut.
Find out more about David's writing here: https://www.thedailydoom.com/
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only. Some links included in description are affiliate links and cost you no additional money if used.
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