S&P 500 Dives As Trump Hints At Recession | PBD Podcast | Ep. 559
PBD Podcast
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Economic Turbulence and Job Cuts
This chapter examines the alarming 245% surge in job cuts in the U.S., particularly due to federal government layoffs amidst economic challenges. It draws comparisons to past economic crises while discussing the potential political ramifications for upcoming elections. The speakers highlight the significance of these layoffs on consumer spending and the looming threat of recession, emphasizing the need for cautious financial planning.
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