Surveillance: China Troubles with Mueller-Glissmann
Bloomberg Surveillance
00:00
Are We Going to Have a Recession Next Year?
The retailers are definitely facing cost pressures and they're spending what they need to to keep the labor force satisfied. The big question everybody has is really heading into next year, how much pressure we're going to see on the consumer? Will we tip into a mild recession or a recession at all? And as long as the labor market is in pretty good shape, which it is right now, we're hopeful that things won't be so bad next year.
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