Is Michael Burry Wrong? Global Recession Could Change Everything


Retail sales growth sluggish in August as consumers fight to keep up with inflation
Retail sales rose 0.3% in August, better than expected but boosted largely by a big jump in motor vehicles and parts dealer receipts.
Weekly jobless claims declined to 213,000, also better than estimates.
Manufacturing readings from the New York and Philadelphia regions suggested the sector is in contraction.

TOPICS AND TIMESTAMPS:
Global Recession 0:00
Delinquencies on Fringe 3:20
Weather Inflation 9:06
Solutions 11:50

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Sources Used in This Video:
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.
#economiccrisis #economy #inflation

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