I want to star this week with some updates concerning the (fast) approaching U.S. recession. An update to the nowcast of the Atlanta Fed came in today, and it looks like this.
In other words, we continue to hover deep in the recession territory. This starts to look less and less like glitch. Few other rather concerning developments have also emerged.
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.