They just changed the definition of "Recession" to keep us out of one.
Used to be "two consecutive quarters of falling real GDP constitute a recession" but now it's a big laundry list of sh!t that can never all happen at once. So we're good from here on out, regardless of what happens.
Used to be "two consecutive quarters of falling real GDP constitute a recession" but now it's a big laundry list of sh!t that can never all happen at once. So we're good from here on out, regardless of what happens.
