6 min listen
Jobs Need To Slow Or A Recession Will Occur
FromSchwab Network
ratings:
Length:
6 minutes
Released:
Feb 10, 2023
Format:
Podcast episode
Description
"The consumer is feeling near-term relief. Inflation and gas prices have started to ease. Wage pressures have not started to fall yet and the labor market remains a sign of strength. This is a temporary calm before the storm as the Federal Reserve will continue to be aggressive. The consumer is entering 2023 in a weaker financial position than they entered 2022. This means that there is limited resilience and we are close to tipping the economy into a recession," says John Leer.
Released:
Feb 10, 2023
Format:
Podcast episode
Titles in the series (100)
Investment Strategies With Markets At All Time Highs by Schwab Network