So what are the odds we'll avoid a recession?
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Looking better than they were a year ago...
https://qz.com/us-recession-bank-of-america-bofa-moynihan-rates-1851619281
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The Great Recession of August 5, 2024
Preet Bharara’s podcast. I found this reassuring.
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"Surprise jump in retail sales casts aside recession fears
Retail sales rose 1 percent in July, reversing a June slowdown and marking the largest jump in more than two years." https://www.washingtonpost.com/business/2024/08/15/retail-sales-consumer-spending-walmart/?utm_campaign=wp_post_most&utm_medium=email&utm_source=newsletter&wpisrc=nl_most&carta-url=https%3A%2F%2Fs2.washingtonpost.com%2Fcar-ln-tr%2F3eb8082%2F66be2803b75d8304b4ea9f7f%2F597299149bbc0f1cdce763b8%2F19%2F52%2F66be2803b75d8304b4ea9f7f -
@CHAS said in So what are the odds we'll avoid a recession?:
"Surprise jump in retail sales casts aside recession fears
Retail sales rose 1 percent in July, reversing a June slowdown and marking the largest jump in more than two years." https://www.washingtonpost.com/business/2024/08/15/retail-sales-consumer-spending-walmart/?utm_campaign=wp_post_most&utm_medium=email&utm_source=newsletter&wpisrc=nl_most&carta-url=https%3A%2F%2Fs2.washingtonpost.com%2Fcar-ln-tr%2F3eb8082%2F66be2803b75d8304b4ea9f7f%2F597299149bbc0f1cdce763b8%2F19%2F52%2F66be2803b75d8304b4ea9f7fThe no-paywall version:
Now I'll go read it....