There’s an old joke in economics that stock markets have predicted nine out of the past five recessions. The point being that predicting a recession solely based on the stock market is difficult.
Top earners in the U.S. make six figures or more per year. Other measures of affluence aren't directly related to income.
Unless the red flags signaling a recession become more pronounced, it probably won’t be clear whether the United States is in a recession until July. A recession requires at least two quarters of ...
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