📢 *BREAKING: “ZERO CHANCE OF RECESSION” – White House Economic Advisor Kevin Hassett* 🇺🇸📈
💬 Kevin Hassett’s bold statement signals strong *confidence* from the Biden administration in the U.S. economy. Here's what this really means and how it could affect the markets 👇
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📊 *What he’s really saying:*
1. *Labor Market Still Strong* 💼
Unemployment remains low, job growth is steady — a key pillar against recession.
2. *Consumer Spending Holding Up* 🛒
Despite high interest rates, U.S. households are still spending, driving GDP.
3. *Inflation Cooling* 🧊
With inflation slowing and rate cuts expected soon, confidence is growing.
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📈 *Market Reactions & Crypto Angle:*
- *Stock markets love this kind of talk* – optimism fuels buying pressure, especially ahead of earnings season.
- *Bitcoin & crypto often follow equities* – positive macro sentiment = inflows into risk assets.
- If *Fed rate cuts arrive in September* as expected, this could *supercharge crypto markets* in the second half of 2025 🚀
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🔮 *But be cautious…*
- Statements like “zero chance” tend to *age poorly* if unexpected shocks hit.
- If inflation rebounds or job numbers disappoint, this confidence could *backfire* into market volatility 😬
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🧠 *Conclusion:*
Hassett’s comment is bullish in the short term. Expect markets to lean risk-on 📈. But smart investors stay nimble — optimism can flip fast in today's global economy.
📌 Stay updated, stay alert.