I don’t know if this is good or bad news:
Morgan Stanley analysts think the US economy has been in a “rolling recession” since 2022 — and it may already be almost over.
Though I like that last bit, and the reasoning makes sense (I think).
And the Consumer Price Index increased in August.
With holiday spending projected to be down but consumer spending staying resilient, feels like we’ve hit the “something’s gotta give” moment.