The U.S. economy is not in a recession right now, says New Century's Claudia Sahm

Claudia Sahm, former Fed economist and New Century Advisors chief economist, joins 'Squawk Box' to discuss the economist's namesake rule, triggers for the recession, and much more.

[Brandon]

America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

[Sams]

Is she living in the same US economy the rest of us are?

[SarahGonzales-sktn]

This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 3%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.

[jas]

Fun fact: they can go back years after the fact and revise the data

[JackKen]

I read about a man in his 50s that started investing in stocks and real estate, then retired in 2years with over $6million, that right there is my utmost goal and I'd really appreciate clues and tips on how to reach this goal within 5years

[shawnsdrumcave]

she never leaves her office and mansion, on the ground in the real world we are in a recession

[ericbergman]

With inflation eating away at savings and the market being so volatile, it's tough to decide where to put your money.

[RobertS.Headrick]

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in our country.

[sumpunonel]

Yield curve normalizing and the official FED pivot will predate the actual recession.
Sahm is saying exactly what they want her to say.

[mikekorn]

We're not in recession because Claudia still has her job

[Suniara]

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[amonduttakrish]

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[illegalsmirf]

There is something seriously wrong with that woman's eyes.

[KungPowEnterFist]

After the fact, they'll all say they were the one that totally called the recession.

[DiljitSingh-wimh]

AI will rule the crypto space with XAI53K

[reabw]

Totally agree with unemployment and hiring decline rates …

[gary]

Rates should stay higher.
Politics says no

[morbidfaulkner]

We have been in a slow recession since the COVID mess.

[Bballing]

Great, so we are now in a recession. Thanks!

[bobbobertson]

yeah she got in line like a good little demorat. she doesnt seem too bright