Originally Posted by Richard Davis
Once again you provide comedy for the forum.
Even CNN understands the lies from Biden's administration.
https://www.theblaze.com/news/cnn-panel-mocks-biden-recession-definition
"The Biden administration is trying to point out the definition of a recession is nuanced. But I got to tell you, I struggle with this. I get why they want to do it from a political perspective, but you can't fake this!" host Kasie Hunt exclaimed.
Chris Cillizza: "I was laughing to myself with the 'in my view' thing. Like in my view, I should be drafted to the NBA," Cillizza mocked.
I am almost embarrassed for you. Only YOU would come on here and try to redefine facts. You're a joke. LOL
And the guys from Schwab and Bank of America are lying too?
"...some Wall Street analysts are hoping, the National Bureau of Economic Research will officially determine we're in a recession and allow markets to break the dread cycle.
"The sooner we get the recession, the better," said Kevin Gordon, senior investment research manager at Charles Schwab.
Although that may seem counter-intuitive, pulling forward the recession's start date would ultimately be a positive for investors, Gordon said. That's because a recession would mean the turning point for stocks is closer rather than further away, and that the bottom is closer than we think."
"Bank of America analysts, meanwhile, predict a "mild recession" will begin this year in the United States and will abate by 2023."
https://www.cnn.com/2022/07/27/investing/recession-stocks-fear/index.html
If only they and the rest of the stock market would consult Rich, he'd already tell them what they want to hear...