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US economy near stalling point as consumer demand weakens, survey - Printable Version

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US economy near stalling point as consumer demand weakens, survey - Everything Everywhere - 24-08-2023

https://www.reuters.com/markets/us/us-economy-near-stalling-point-consumer-demand-weakens-survey-says-2023-08-23/


RE: US economy near stalling point as consumer demand weakens, survey - singlon - 24-08-2023

....received with sadness
Wagner chief plane crashed listed as passenger
7bodies found on way to Moscow


RE: US economy near stalling point as consumer demand weakens, survey - sgbuffett - 24-08-2023

Labor market still strong causing deflation.
PMI now flat but inflation still elevated.

Fed is going to face hard choices.

Nasdaq and Dow still dizzy high.


RE: US economy near stalling point as consumer demand weakens, survey - victortan - 24-08-2023

(24-08-2023, 02:59 AM)Everything Everywhere Wrote:  https://www.reuters.com/markets/us/us-economy-near-stalling-point-consumer-demand-weakens-survey-says-2023-08-23/

More than 50% of businesses see recession coming. And most big tech like META, AMZN , GOOG. MSFT have cut back on exp and also cut work forces,

i think maybe a mild recession in quarter 4 into 2024..