from services subscribers, the biggest firms still have the ability to pass price increases onto customers, and many are expecting that to continue. But at an economy-wide level, recent data has shown that key sales and profit metrics are warning of a potential recession.
Coronado advises firms to focus on the sales decline. That's because profit margins tend to be more volatile and it is sales, as a read on demand, that drives the economy. "It is a bit more reliable, and that's flashing yellow to red. It's not over the edge, just closer to the edge," she said.The NABE data has both good and bad news for the Fed and companies.
We are already in a recession
And they printed and printed from 2008 till the eyes can see....😉
Thanks Biden.
Prices in stores are still going up fast. Inflation is nowhere near a top as people keep saying and imagining.
Exports and market speculation arent the extent of the economy. Comoanies looking for windfalls borrow for deals that collapse and this added risk drive up interest rates. Govt only review bank liquidity and thats a problem