The Recession Still Isn’t Here. Is It Ever Coming?

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 10 June 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Economists have warned a recession was imminent but it still hasn’t arrived. WSJ chief economics correspondent Nick Timiraos joins host J.R. Whalen to discuss how long this economic resilience could last and what threatens it. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:14.4	slash Wall Street.
0:17.0	Here's your money briefing for Monday June 10th. I'm J.R. Wayland for the
0:22.3	Wall Street Journal.
0:26.5	Are we headed toward a recession or not?
0:29.5	Last month's strong jobs figures might cause economists to lean one way, but consumers facing rising prices
0:35.2	for things like food, rent, and their morning coffee might feel otherwise.
0:40.3	We all know the economy is slowing. You couldn't have sustained the really
0:44.8	eye-popping growth rates that we saw when we reopened from the pandemic in
0:48.8	2021 and 2022. So the question is we're slowing but to what? We'll talk to Wall Street
0:55.0	Journal Chief Economics correspondent Nick Timros after the break. So how do we get AI right? Well, we need the right volume of data,
1:15.0	the software to train it, and massive compute power, or...
1:19.0	Another one bites the dust.
1:21.0	Are you ready?
1:22.0	Hey, are you ready for this? Are you hanging on the
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1:29.2	AI at the scale we need, helping generate better insights.
1:32.3	Alright! we need helping generate better insights. All right.
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1:36.7	Search HPE Green Lake. Economists and business leaders have warned for some time that a recession is on the horizon,
	...

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