JPMorgan analyst explains why he believes we're in a 'selective recession'

Matthew Boss, JPMorgan equity research analyst, joins 'The Exchange' to discuss the challenges facing discount retail companies, where to find opportunities, and more.

[harrychu]

Translation, the US Economy is in a recession but the current administration will never allow them to declare an official one.

[VegasVaron]

“Selective recession!” You just made that up! 🙂

[Chad_Max]

Basically, the rich are getting richer...

[tom]

Narratives:

It's a soft landing

then

It's a selective recession

Next

It's a recession

and eventually and maybe

Hard landing

[simpiwemaqwara]

The market is strong regardless of inflation fears

[Jeremymich]

We been in a recession since 2022. Take a look around you today. We all know how we got here today from the pandemic lockdowns. If it wasn’t for this. We wouldn’t have to worry.

[ghl]

So at least 70%of the consumers are fine or doing better than before while the bottom 20% and especially 10% are having big difficulties. Now the question is what party drags the other on its side.

[Liberalcali]

Oh all of a sudden
We been knowing since Biden took office