Market expert predicts a 7% unemployment rate by the end of 2023: ‘That’s recession’

It's incredible because, you know, from my perspective, this shows that the Fed can really go higher and longer than most people are expecting because the economy is you know. The last quarter's GDP number was actually pretty decent. I want to get back to talking about housing, though, because we mentioned that housing is in a recession, without a doubt. The homebuilder sentiment number is at 35 right now. And any time that's under 50, we're looking at a housing recession.

Market expert Mark Tepper joined"Mornings with Maria," Thursday, to discuss the nation's weak economy. Tepper predicts that the U.S. economy will be in a recession by the end of 2023. When you look at all the ancillary businesses, furniture, appliances, and things like that, it's about 20% of our economy. And the interesting thing is, if you take a chart of that home builder sentiment index, and you overlay a chart of the unemployment rate with a

If its recession of it goes to 7%, does that mean it's not recession if it is 3.5%?

Fed is talking out it's A** just weight till people start defaulting on their hyper inflated car loans. carvana carmax truecar

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Anthony Scaramucci Predicts Crypto Market Shift as Bitcoin (BTC) Dips in 2023Anthony Scaramucci makes crypto market prediction as Bitcoin (BTC) declines BTC $BTC AnthonyScaramucci
مصدر: Utoday_en - 🏆 295. / 63 اقرأ أكثر »

Global 2023 economic view downgraded, at odds with market optimism: Reuters pollGlobal economic growth is forecast to barely clear 2% this year, according to a Reuters poll of economists who said the greater risk was a further downgrade to their view, at odds with widespread optimism in markets since the start of the year.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »