Is the US Heading For a Recession?

Get Nebula using my link for 40% off an annual subscription: go.nebula.tv/tldrbusiness Stocks plummeted on Monday in response to data that sparked fears that the US was heading towards a recession. So with inflation proving sticky and growth under expectations, we take a look at how likely this is and if the Fed can do anything about it. 🎞 TikTok: www.tiktok.com/@tldrnews 🗣 Discord: tldrnews.co.uk/discord 💡 Got a Topic Suggestion? - forms.gle/mahEFmsW1yGTNEYXA Support TLDR on Patreon: www.patreon.com/tldrnews Donate by PayPal: tldrnews.co.uk/funding Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! ////////////////////// 1 - www.bbc.co.uk/news/business-68898432 2 - www.ft.com/content/e0232831-c028-4d6f-a9a6-f9591f2… 3 - news.sky.com/story/fears-of-us-recession-send-asia… 4 - www.theguardian.com/business/article/2024/aug/05/w… 5 - www.ft.com/content/d48e4925-d2fc-4ba1-a0ae-df2c7d0… 6 - fingfx.thomsonreuters.com/gfx/editorcharts/USA-FED… 7 - fred.stlouisfed.org/series/SAHMREALTIME 8 - www.ft.com/content/ef7198e5-44b4-47a0-86f5-a7bf9a3… 9 - www.nytimes.com/2024/07/30/opinion/sahm-rule-unemp… 10 - www.economist.com/finance-and-economics/2024/08/05…