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The Debt Ceiling Approaches | Joseph Wang & Dominique Dwor-Frecaut
Forward Guidance
The Resilience of the US Economy
There are a lot in the market who think that the economy has already entered a recession, about to enter the recession. Both you, Dominique and you, Joseph are united in the view that the economy is not a recession and actually has been quite resilient and robust. I'd love for you to walk us through that, Dominique, you first, you follow the whole macroeconomic data that's released every day. And then Joseph, you, who I know have been focusing a lot on bank lending, which has not contracted by as much as people say,. As well as housing.
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