This always seems confusing to me. How are we not already in a recession? What specifically must happen to officially declare a recession?
My savings (including 401k) have gone down 24% since a year ago. Dinner at a restaurant / UberEats costs 30% - 50% more than a year ago. What else must happen to call it what it is?
My savings (including 401k) have gone down 24% since a year ago. Dinner at a restaurant / UberEats costs 30% - 50% more than a year ago. What else must happen to call it what it is?