Two quarters in a row of negative gdp growth is not actually the definition of a recession. The household survey fof the last four months, according to the payroll survey, the economy has added one point six eight million jobs. Over that same four months period,. the economy has lost a hundred 68 thousand jobs. But i think there's more to go as we see leadership from very defensive sectors like utilities. What is your recession check list telling you? Are we in a recession right now? Did those two quarters of negative gDP growth in a row indicate we're in a recession? A and if you don't think we'm in a recession, how likely do you think one is in
Shorter economic cycles and more frequent recessions doesn't necessarily mean the downturns will be brutal. John Rotonti talked with Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, about: - The “mother’s milk” of stock prices - How this market is simultaneously like the 1970s, post-WWII, and completely unique - One common rebalancing mistake that investors often make
Host: John Rotonti Guest: Liz Ann Sonders Producer: Ricky Mulvey Engineers: Dan Boyd, Austin Morgan
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