Recession odds are ‘very high’ as economy looks poised to see an unemployment wave and plunging consumer spending, chief economist says

“Is it possible the Fed cuts rates very dramatically? Yes. But that’s only going to happen or most likely going to happen if there’s a recession.” … “Is it possible the Fed cuts rates very dramatically? Yes. But that’s only going to happen or most likely going to happen if there’s a recession.” … See…

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A surprise recession could strike after an unexpected jump in the unemployment rate, economist says

“The labor market, contrary to popular opinion, is contracting,” famed economist David Rosenberg warned following the February jobs report. “The labor market, contrary to popular opinion, is contracting,” famed economist David Rosenberg warned following the February jobs report. See the entire article on Arizona’s unemployment, or, read more Arizona real estate investing news. The choice…

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