Tom Nash
@tomnashtv·679K subscribers·911 videos
Recession Warning ⚠️ How To Prepare Your Stock Portfolio
Posted
October 27, 2022
Views
39,682
Likes
2,356
Comments
143
Engagement
6.30%
October 27, 2022
39,682
2,356
143
6.30%
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11:10Now PlayingSo here we go. Following two consecutive quarters of negative GDP, which is literally the definition of a technical recession, it seems that things are about to change. The U.S. Department of Commerce is going to publish Q3 GDP figures today and the expectation is a positive 2.3% GDP growth. That would be huge, after a negative 1.6% in Q1 and negative 0.6% in Q2, but does it mean we can celebrate? The politicians and mainstream media will tell you it is. The same people who told you 2 negative quarters of GDP is not a recession, will now ironically use the opposite argument to claim a recession is not going to happen. So, will they be right? Is this the end of the recession fears for 2023? I mean If the GDP is growing again, well that means a recession is not happening right?
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