H
Harpy Eagle
Guest
Recession mentions are near a 3-year low for corporate America
While there have been signs of slowing in US economic growth data, corporate America is talking less about the threat of a looming recession.
finance.yahoo.com
While discussion around a slowing US economy has rippled through Wall Street this month, the amount of companies actually discussing recession with investors during conference calls is near its lowest level in three years.
From June 15 to Aug. 15, just 28 S&P 500 companies mentioned recession on their earnings calls, according to new data from FactSet. That's well below the five-year average of 83 companies and less than the 10-year average of 60 companies.
It is looking less and less like there will be any sort of recessions, even a small one.
It would be great for the country if we could come out of a bout of inflation and not have a recession.
The Fed needs to do their part and knock down the rates a bit in Sept