Recession Doesn't Matter

There are a lot of signals out there that we would call leading indicators telling us that a recession is all but confirmed everything. The consumer and the labor market are very closely linked as long as people have a job they're going to spend their money. As long as they don't feel like layoffs are going to hurt them or their family they'll keep spending their money. It will start to hit other parts of the economy and it'll seem more real when you see a pullback and spending yes.