
Is Deflation, Not Inflation, The Bigger Long-Term Threat? | Stephanie Pomboy
Wealthion - Be Financially Resilient
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Is There a Bigger Risk That We're Heading More Into Recession?
The big question that i want to try to answer in this discussion with you is, even though we're all freaked out about inflation right now, is the bigger risk that we're heading more into recession. The recent university of michigan consumer sentiment numbers, which i think came in like, it was like 50 point two, i think. That is the lowest in the series that i saw, which went back to the 19 eighties. And i i look, why consumers aren't confident right now, but i am shocked. You know what your take on on why sentiment is is this bad? Well, i think it speaks to the a degree to which most of america never
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