
The Macro Update (Q1 2023) With Eric Basmajian (EPB Macro Research)
Investing Experts
Is the Economy on the Cost of a Recession?
Eric Liu: The January employment numbers came in crazy strong and everybody was blown away. He says the economy is really on the cost of a recession, if not maybe right there with average growth of the last two months being basically zero. And it's unlikely that employment will be able to sustain gains while companies are starting to see decelerations," he says.
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