Earnings, Stocks, And Inflation (Podcast)
Bloomberg Intelligence
00:00
Supply Chain Inflation Problems Are Abating
The U.S. economy is not in a recession just yet, according to CNN's John Defterios. The real issue that we have in the United States is a food inflation problem, he says. That's difficult to get on the control for I think a period of time and it could push the economy entirely into recession. But as we all know, a bigger catalyst is overhanging economies like L.A., where home sales are collapsing.
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