The signs that the U.S. economy is starting to fall apart are rising to the surface, further indicating that a recession is likely on its way.
In addition to both Target and Walmart plunging this past week on earnings reports that missed Wall Street’s expectations, other indicators that the country is heading toward recession are also starting to surface.
For example, American households are taking on “record amounts of debt”, according to BNN Bloomberg , as higher prices make it tougher for the consumer to pay for staples like gasoline and food. Mortgage rates on the rise are also squeezing the […]
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