šŗšø U.S. Economy Unshaken: ā100% No Recessionā Says White House Adviser! š„š
BREAKING: White House Economic Adviser Kevin Hassett goes all in with confidenceāsays heās ā100% not expecting a recessionā in the U.S. economy. Amid rising global uncertainty, this bullish stance paints a strong macro outlook for 2025.
Key Highlights:
ā Resilient Economic Data ā Low unemployment, consistent GDP growth, and robust consumer spending are fueling optimism.
ā Inflation in Check? ā Hassett credits Fed policies for stabilizing inflation, easing pressure on households.
ā Recession Fears Overblown ā While many feared a 2024ā25 dip, Hassett sees no signs of a downturn on the horizon.
What This Means for the Markets:
š Stock Market Tailwinds? ā Less fear = more risk-on sentiment. Equities may ride the wave of renewed investor confidence.
šµ Fed Rate Cuts on Hold? ā A solid economy might delay or reduce interest rate cuts expected later this year.
šļø Consumer Power Remains ā With job security high, U.S. consumers could keep spendingāand keep the economy rolling.
Final Thought:
While bulls cheer, bears caution against ignoring Chinaās slowdown, geopolitical shocks, and debt stress. Still, for nowāitās game on for growth, not gloom.
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