This Is Not What a Recession Looks Like
This is not what a recession looks like Signs of economic growth are everywhere, says Jurrien Timmer. BY JURRIEN TIMMER, DIRECTOR OF GLOBAL MACRO FOR FIDELITY MANAGEMENT & RESEARCH COMPANY (FMRCO), 07/28/2022 Key takeaways Although there's a sense of dread in the air that a recession is imminent, this sentiment isn't necessarily a reflection of the economic reality. Unemployment is low, consumers are spending money, and earnings continue to grow—all of which are positive economic signs. Earnings reports, which can [...]
