Good or bad news depends on your perspective

Leif HagenFebruary 27, 2023Achievement Financial#inflation, #stockmarket, #investing, #investors, #business, #americans, #americanbusiness, #stocks, #consumerspending, #spending, #consumer, #economy, #recovery, #services, #demand, #dining, #debt, #money

The state of the economy is open to interpretation

Today, gauging the state of the American economy is akin to interpreting abstract art. Many economic indicators suggest the economy remains strong despite the Federal Reserve’s efforts to cool it off. Read our Peek of the Week to learn more about rate hikes, sticky inflation, a vibrant labor market, a booming manufacturing sector, optimistic consumers and yet very confused investors. While economic data is open to interpretation, one thing is for sure: many investors are not happy.

Is a recession coming, or has it already arrived?

A lot of people are worried that a recession is in our future. Some believe it may already be here. Our Peek of the Week pumps the brakes on the whole "recession" idea to evaluate the facts, details and future estimations. Unemployment is low, inflation is high, and both tend to occur in an economy going through some strong growth. So, which is it?! Are we experiencing strong growth or going through the early stages of a recession? It's important to remember that the models used to predict these things can be volatile, resulting in questionable or conflicting data.