Talk About BS: JPMorgan Economists Discard Prior Recession Prediction, Foresee US Economic Resilience

BanksterCrime: JPMorgan’s economists have jettisoned previous predictions of an impending U.S. recession. Their chief U.S. economist, Michael Feroli, is confident that the American economy will maintain a modest but steady growth trajectory throughout the remainder of the current year and well into 2024. JPMorgan Foresees U.S. Economic Growth Amid ‘Ridiculous’ Fitch Downgrade and Recession Fears…

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Us Inflation Cools, Spending Stagnates as Economy Loses Steam

The Federal Reserve’s preferred measures of U.S. inflation cooled in May and consumer spending stagnated, suggesting the economy’s main engine is starting to lose some momentum. The personal consumption expenditures price index rose 0.1% in May, Commerce Department figures showed Friday. From a year ago, the measure eased to the slowest pace in more than two years. Consumer spending,…

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Markets Are Subject to a Giant Con Game, the Game of Confidence

 If the Christian wants to know God’s will, he turns to the Bible. If the Christian wants to discern right from wrong, he turns to the Bible…. Heading into a global recession first and then a US recession to follow. Consider the macro context here: Nine major economies are either in a recession or on the…

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