Hello. Today we look at the danger of adding financial turmoil to an already-burdened economy, how Gen Z’s economic gap with baby boomers is widening and why the third quarter of 2023 may be most important for the Fed.
The US economy, already beset by an historiccost-of-living surge and soaring borrowing costs, now has financial ructions to contend with, and that’s prompting the question whether a recession is now inevitable.