Mixed Views on US Economy as Recession Concerns Persist
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#be35213b ver:0.31

Mixed views on US economy as recession concerns persist. Bank credit contracts for the first time since the Great Recession, raising red flags for the economy. Experts warn of increased uncertainty and higher chance of recession. Delinquency rates on loans reach highest level in five years, indicating potential consumer pullback. Despite concerns, there are signs of recovery in US bank credit, providing hope for economic growth. Analysts predict recession in second half of 2024 due to inflation, job concerns, and rising rent and house prices. Biden administration faces challenge of fighting inflation and promoting savings for economic stability. Rising unemployment in 21 states signals recession by year-end, with stark divide between rich and poor. Liberal news outlet mocked for claiming no recession, as Americans face financial struggles. US economy in good setup with moderating inflation and increasing markets, but uncertainty remains. #economy #recession #bankcredit #delinquencyrates #economicoutlook #inflation #unemployment #financialstruggles #economicgrowth #Bidenadministration #economicstability #consumerconfidence #stockmarket #inflationrisks #economicdivide #USnews #economicsetup...

#newstr #UsRecession #EconomicOutlook #Strategas #InterestRates #FederalReserve 

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