Slipped Into Darkness! The US Economy Slumps Into Recession (GDP Price Growth Worse Than Expected) Stagflation Alert!! – Confounded Interest – Anthony B. Sanders

Slipped into darkness!

Despite what the talking heads in Washington DC say, the US economy has officially slipped into recession.

US Real GDP for Q2 slumped -0.9% QoQ, the second straight quarter negative GDP growth. Also, known as RECESSION.

The GDP price index rose more than expected (+8.7% versus the expected +8.0%).

The Federal Reserve is not a friend of mine.

Stagflation???