We’re Going To Dodge A Recession, But Rates Aren’t Coming Down

The consensus is that we are probably going to dodge a recession, notes David Rubenstein. He discusses the state of the U.S. economy. He talks about how interest rates are not going to come down as much as people thought and the Fed not going to lower interest rates any time soon. He mentions that we injected a lot of money into the economy, people are going out again, traveling more, and spending more money. He also goes over how we are facing a government shutdown which isn’t going to have a huge effect on the economy but shows the world stage the disfunction of the United States. He then looks at what a rallying dollar means for the U.S. economy, as well as the state of commercial real estate. Tune in to find out more about the stock market today.

Morning Trade Live

25 Sep 2023

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