Wall Street recession: stock market crash predictions are wrong

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

It's time for Wall Street's fearmongers to admit they were wrong about a recession

. Typically, they say, whenever claims rise this much from their 12-month lows, a recession follows.

, and the total layoff rate remains low. Finally, despite the recent uptick in initial claims, the monthly jobs reports have remained surprisingly strong. , but even there, I'm skeptical the issue is nearly as bad as is being portrayed. Structures investment — which includes spending on nonresidential buildings such as strip malls, offices, lodging, and power plants — is less than 3% of the US GDP and only a part of that is the problem.

It's starting to make my head hurt! At some point, rational people have to put their hands up and say,"You are wrong."

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인