What Does 2023 Hold? Sim & Sonya’s Spicy Predictions for the Year Ahead
Friends That Invest
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Is the US Economy Going to Enter a Recession?
Sonia: I think everyone knows now that the US economy will enter a recession. But in 2024, because those inflation rates are going to be under control and interest rates aren't going to go up that high, I do think that it will encourage consumer spending. Amazon has been predicted as the one company in the S&P 500. In their recent quarter, so in 2022, they actually generated $127.1 billion in total revenue which is about 15% from 2021.
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