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15min chapter
David Rosenberg: A Recession Is Coming In The Next 6 Months
Forward Guidance
The Discrepancy Between Government Numbers and Retail Sales
This chapter discusses the contrasting strength of the labor market according to government data and the actual performance of retail sales. It highlights the low sales experienced by various retailers, as well as the rise in consumer card delinquency rates. The speakers emphasize the importance of these factors for economic growth and the potential impact of an increasing unemployment rate.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode