Investing In An Economy Beset By Multiple Anomalies

Published Friday, August 5, 2022 at: 7:03 PM EDT

The nation created twice as many new jobs as expected in July, according to the July employment situation report.    It is likely to mean that, despite two consecutive quarters of negative economic growth, the United States is not in a recession but is undergoing an inventory correction. That’s one of multiple concurrent anomalies making the financial economic outlook more complicated than in living memory.  As a rule of thumb, a recession is defined as two consecutive quarters of negative economic growth. So, with the release of Bureau of Economic Analysis data on July 28 showing the economy shrank nine-tenths of -1% in the...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.










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