With the stock market in disarray, interest rates at record highs, and the pain of inflation, many Americans are wondering if the economy is in a recession. How can we tell if we’re in one? The country is technically in a recession when its GDP decreases for two consecutive quarters. According to the Bureau of Economic Analysis' advanced estimate, GDP fell 1.6% in Q1 and 0.9% in Q2. Despite the overwhelming evidence, the National Bureau of Economic Research has not yet declared a recession. As the cost of living continues to rise, interest rates increase, and layoffs multiply. However, the job market and corporate earnings numbers appear strong.
There has been a significant slowdown in the real estate market, income and spending are struggling to keep up with inflation, and layoffs have begun to increase. Is the United States in recession?
In the new episode of The Free Retiree Show, Wealth manager, Lee Michael Murphy gives the current economic update for September 2022. Discover the risk of a potential economic downturn or recession and how long it will last. Learn how to stay wise and calm despite the economic weakness.
Tune in to The Free Retiree Show!
What you’ll learn in this episode:
The Behaviors That Sabotage Investment Success
The Crypto Frontier: Exploring Future Possibilities with Linda P Jones
Understanding the Difference Between Good Debt & Bad Debt
Dealing with Difficult Co-workers & How to be the Person Everyone Enjoys at Work
Establishing a Financial Foundation to Growth Your Wealth
The Most Common Mistakes to Avoid When Buying a Home
Finding Your Why w/7-figure Amazon FBA Seller Bashar J Katou
Top Challenges Facing Retirees with New York Times Best Selling Author Lynnette Khalfani-Cox
How a Non-Linear Career Path Makes You a More Valuable Job Candidate and Employee
Three Strategies to Reduce Your 2022 Taxes
4 Strategies to Protect Your Job in an Uncertain Enviroment
Finances for New Car Purchases: What to Consider if You Want to Buy a New Car
Real Estate Market Update: What to Consider When Purchasing Real Estate in 2023
Content Creation that Gets You Noticed & Gives You New Opportunities w/Katelyn Richards
What to Expect & How to Invest in 2023
Spotting the Warning Signs of Financial Bubbles
Why Couples Separate Over Money & How to Improve Communication About Finances
The New Recruiting Scam Plaguing Job Seekers
Warren Buffett’s Top 10 Tips to Get Rich
The Future of Hiring & How to Land Competitive Job Roles w/Matty Gregg
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast