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Do You Think We're in a Recession?
Bank of america global research showed a chart, and they looked at the six variables used by the national bureau of economic research to determine whether or not we're in recession. And this is the % change prevaously from the bgning of the year. They look at real personal income less transfers. Hum that less transfers. His thrown me. What dos that even mean? I do't kow. The weird thing could be, what if we get like a positive third quarter and then a negative fourth quarters? We have three out of four that are down. It's going to be bisarcas again. But this is what the fed wants to happen? I don't know