Paperdiego

Paperdiego t1_iu624iy wrote

Sorry for your situation. Data certainly shows inflation up, which sucks. Consumer spending needs to go down in order for inflation to ease. There is no data backing up a recession, infact all the data is the opposite. Consumer spending is still very high, which helps explain why prices haven't dropped. Employment is at historical lows as well. The market just keeps hiring people, so people have money to spend.

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