US EditionWill Economic Detox Lead to a Recession? Maybe Not. But a Long Deep Stock Market Rout Will (See Dotcom Bust)
- U.S. Treasury Secretary Scott Bessent stated that a 'detox' period for the U.S. economy does not necessarily mean a recession is coming.
- Bessent expressed concerns over the current levels of government spending, referring to them as 'unsustainable.'
- Recent economic indicators show that job growth was slower than expected and consumer confidence has declined.
- The S&P 500 has dropped 6% in March, indicating challenges in economic growth.
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10 Articles
10 Articles
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Center
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Total News Sources10
Leaning Left0Leaning Right3Center3Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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