Recession vs. Soft Landing, and Rousing Housing Numbers 1/18/23
Power Lunch - A podcast by CNBC
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The Fed is releasing its Beige Book today, with clues into economic activity across the country. We’ll break down the evidence that shows us likely entering a recession versus a “soft landing.” Plus, we’re getting positive signs for the housing market. Mortgage numbers are up, and builder sentiment is rising too. But is it just a blip, or will the slowdown really not be as bad as feared? We’ll explore.