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Many Americans fear a recession as severe as 2008 could be coming. Here’s what experts say - TL;DR CNBC

Many Americans fear a recession as severe as 2008 could be coming. Here’s what experts say

Publishing timestamp: 2023-07-07 15:27:01


Summary

The article discusses the possibility of a mild recession and when it might occur based on the latest jobs numbers. While some Americans fear a severe recession similar to the 2007-2009 Financial Crisis, experts have a more optimistic outlook. The article also mentions the impact of inflation on consumer confidence and provides recommendations for individuals to prepare for potential risks.


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Keywords: personal financebusiness newsfederal reserve bankunited statespersonal incomepriceseconomic eventspersonal investingfinancial planningraymond james financial incjobsfamily financespersonal debtinterest ratesu.s. economylabor economyinflationpersonnelpersonal saving

Source: https://www.cnbc.com/2023/07/07/americans-fear-a-recession-may-be-as-severe-as-2008-experts-disagree.html


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