About this episode
The bears keeps calling for a recession, but the data tells a completely different story. AI is driving record productivity gains, corporate profits are hitting all-time highs, and the Fed is about to juice markets with fresh rate cuts. Jobless claims remain stable, GDP growth is strong, and the odds of a recession have collapsed from 65% just a few months ago to only 8% today. In this episode, I break down why the U.S. economy is running too hot for a recession. 0:00 Intro 0:38 Bears are overreacting to the recent weak jobs report 2:59 33% of states are in recession territory 5:07 Jordi Visser has the data to prove a recession is NOT coming 8:07 Advice for young students from Alex Karp and Vivek Ramaswamy Listen to From the Desk of Anthony Pompliano on: Apple Podcasts: https://podcasts.apple.com/us/podcast/from-the-desk-of-anthony-pompliano/id1819778503 Spotify: https://open.spotify.com/show/1THAGnR1Xt1WDUn1CCTh1D Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: http://pompletter.com Join 600K+ subscribers on my main channel: https://pompyoutube.com/ Follow Pomp on social media: Twitter: https://twitter.com/APompliano Instagram: https://www.instagram.com/pompglobal/ LinkedIn: https://www.linkedin.com/in/anthonypompliano/ #AnthonyPompliano #FromtheDesk #marketnews