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NO RECESSION! The US Economy Is Running Too Hot To Slow Down
The bears keeps calling for a recession, but the data tells a completely different story. AI is driving record productivity gains, corporate profits are hitting all-time highs, and the Fed is about to juice markets with fresh rate cuts. Jobless claims remain stable, GDP growth is strong, and the odds of a recession have collapsed from 65% just a few months ago to only 8% today. In this episode, I break down why the U.S. economy is running too hot for a recession.
0:00 Intro
0:38 Bears are overreacting to the recent weak jobs report
2:59 33% of states are in recession territory
5:07 Jordi Visser has the data to prove a recession is NOT coming
8:07 Advice for young students from Alex Karp and Vivek Ramaswamy
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Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at:
http://pompletter.com
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