Fed’s Bullard Says US Recession Fears Overblown With Consumers Healthy

Source: https://www.investmentwatchblog.com/alarm-feds-bullard-says-us-recession-fears-overblown-with-consumers-healthy-my-response-in-one-chart-real-average-wage-growth-at-3-34-yoy-real-gdp-growth-at-0/
Published: Jun 27, 2022
Author: Staff
Post Date: 2022-06-27 19:16:30 by Horse
Views: 36

(My Response In One Chart: REAL Average Wage Growth At -3.34% YoY, Real GDP Growth At … 0%)

Apparently, real GDP growth of ZERO doesn’t bother Bullard either.

Poster Comment:

Actually, the the real CPI is over 16% so the economy is in a sever contraction and consumers will be broke by Christmas if they aren't so already. See Shadow Stats.

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