No. of Recommendations: 8
Me: Secretary of the Treasury BESSENT, this morning: I think we're in good shape, but I think that there are sectors of the economy that are in recession.
Marco100: Since the official definition of a recession is 2 consecutive quarters of negative GDP growth, you're going to have to wait until at least sometime in July 2026, when the 2nd quarter 2026 reports come out, before you can hope to claim that a recession has occurred.
Something you don't understand about the word 'sectors'?
But yeah, sure, no doubt you're better informed than the Secretary of the Treasury.
