BNY Mellon Pershing Insite Day One Part Two
Bloomberg Businessweek
00:00
The US Consumer and the Economic Slowdown
The market looks really good and the long awaited recession, you know, America's date with the recession got canceled. That doesn't mean it won't show up. It does mean that until we actually see evidence of the slowdown, the market can levitate higher from here. But in the end, that's $1.5 trillion. That is not a $20 trillion economy. So there are pockets that may be weak.
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