
Surveillance: Delayed Recession with Wizman
Bloomberg Surveillance
00:00
Is There a Recession in the US?
Inflation has a way of making people fear the future and they spend now as opposed to... You heard that from Barkin yesterday. And then look, once all that spending got through in October, November, we had a pretty dull December in terms of spending. So what's the head fake here? The weakness in December or the strength in January? We've had three head fakes, right? Now we have a boost to retail spending in January that's greater than people surmised. Maybe it's just reality. But on the other hand, surveys are still pointing to a recession coming in the US.
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