GnS Economics Newsletter

GnS Economics Newsletter

Share this post

GnS Economics Newsletter
GnS Economics Newsletter
Private Sector Recession

Private Sector Recession

The doldrums of the U.S. economy deepen

Tuomas Malinen's avatar
Tuomas Malinen
Jun 20, 2024
∙ Paid
3

Share this post

GnS Economics Newsletter
GnS Economics Newsletter
Private Sector Recession
Share

From Tuomas Malinen’s Forecasting Newsletter.

We like to remind you on our Summer campaign, offering annual subscription to GnS Economics Newsletter with 15% off. The offer ends on 4 July.

Issues discussed:

  • Bank credit data keeps on indicating the onset of an U.S. (private sector) recession.

  • Economic indices and data on consumers seem to concur, while credit markets continue their ‘deep-sleep’.

  • Depression-style fiscal stimulus by the Biden administration is keeping the U.S. economy afloat, but it will be unable to stop the downturn.

Credit recession continues

Keep reading with a 7-day free trial

Subscribe to GnS Economics Newsletter to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Tuomas Malinen
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share