Sharkey, Howes & Javer

Inside the Economy: Consumer Prices & Recession

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Synopsis

This week on “Inside the Economy”, we discuss consumer prices and potential recession. As inflation continues to remain high, we are seeing increased gas & food prices but also lower logistics costs & home prices. What does that mean for our wallets in the coming months? There has been talk of recession, but what does that mean for the consumer and are there any surprises in the economy moving forward? Tune in to learn about this and more! Key Takeaways: • S&P 500 forecasted earnings remain strong • Oil back below $100 • U.S. Dollar continues to strengthen • New U.S. manufacturing construction hits new highs