Thursday, July 28, 2022

So, We're In A Recession -- July 28, 2022

So, we're in a recession, the Fed raises rates 75 basis points, unemployment at record lows, and US stock market surges. For the archives.

The Fed raises rates 75 basis points and the Biden administration has a one-trillion-dollar stimulus package ready to be signed. For the archives.

Shortest recession on record. Two quarters. Biden administration apologists are calling for 1Q22 to be a "mulligan."

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