Wednesday, May 25, 2022

I guess everyone forgot about this.....

U.S. GDP fell at a 1.4% pace to start the year as pandemic recovery takes a hit. 

Including me. 

This morning I said - Self... didn't we already print a negative GDP? 

So...there is no way the next print wont be a technical recession. I'm old enough to remember when high gas prices were an immediate tax on the consumer. MANY of us who lived through the housing recession believe that gas prices tipped us.

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