It is official. GDP (adjusted for inflation) met the definition of a recession when it declined for a second consecutive quarter based on the 2Q22 advanced release. What this means is now...Continue Reading
94.7% FORECAST ACCURACY || BUSINESS-MINDED ECONOMISTS || UNBIASED AND APOLITICAL
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The Federal Reserve raised the federal funds target rate by 75 basis points on June 15. The stock market seemed to be pleased at the attempt to quell inflation. That didn’t last long, with...Continue Reading