Significant job losses and bankruptcy filings over the past year signal a "plain vanilla recession," according to Danielle DiMartino Booth, CEO and chief strategist for Quill Intelligence. In this episode of "The Bottom Line," CNBC explores the former Dallas Fed advisor’s views on the state of the U.S. economy, the navigating high of inflation and interest rates, globalization and a weakening labor market.
Chapters:
00:00 Introduction
00:24 Bankruptcy cycle
01:38 Federation policy
04:54 Labor market outlook
05:59 Recession?
07:07 AI transformation
07:57 Cryptocurrency
8:52 International relations
Produced by Charlotte Morabito
Edited by Emily Rabbideau
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images
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America Is In A ‘Plain Vanilla Recession’: Danielle DiMartino Booth | The Bottom Line
Author: CNBC
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News post in August 11, 2024, 6:04 pm.
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