What if all the recent attention and talk about a recession isn’t media misinformation?
What if it’s real?
Though it’s hard to believe we’re looking at a recession here in the U.S., given how strong consumer spending has been, how unemployment’s been scraping 50-year lows, how wages have been ticking higher, how accommodative interest rates are, and how strong the stock market’s been having just made all-time highs again in July, a recession is still a possibility.
At least that’s what mainstream news outlets are highlighting, that a recession is just over the horizon.
While recession is a possibility, especially if media outlets keep focusing on the prospect of one and some even forecasting one, we’re not there, not even close…
So many others on Wall Street think that we need rate cuts to match others internationally, but not for stimulating our economy. Well if you read yesterday’s mailing, you’d know what’s really going on. Click here to catch up if you missed out. All the fuss for rate cuts could be much more for our dollar than anything that the rates themselves do. It’s clearly evident how the top retailers are doing it right in getting consumers to stay as the big apple feeding the economy. Click here to watch.