“This discussion looks at the latest actual data for consumer spending, business investment, net exports and government spending.Why inflation is actually higher than the index reports due to questionable methodologies that under-estimate prices; consumer spending and real business investment is less than reported; Lastly why latest economic indicators suggest slower growth in the current 4th quarter and early next year. US economy ‘goods sector’ (manufacturing & construction) have been in recession for months. Likelihood for spillover to larger ‘services sector’ in 2024.”
~ Dr. Jack Rasmus
Listen to Dr. Jack Rasmus on Alternative Visions
