The 2024 presidential election is only one year away. The U.S. economy has seen a multitude of headwinds, with much speculation of a potential recession.
NYU Stern School of Business Professor Emeritus Nouriel Roubini joins Yahoo Finance Senior Columnist Rick Newman to discuss the possibilities of what the economy will look like as election season starts to heat up. Roubini warns: “Even a short and shallow recession will be very damaging for Biden, because a recession during an election year, of course, his popularity will further decline.”
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Hey y’all turned on the comments
Give this guy a bottle of water. Great interview! Definitely would want to see him again by the EOY.
THere is no disconnect!
When they inflation came down, that doesn’t mean the prices came down. A lot of things are very expensive.
I used to buy frozen blue berries at Target at $10.00 for 3 pounds. Now, that same bag costs $15.99. I could go on and on with many other things.
There’s no disconnection.
You are thinking is deflation …which sounds great but is not. It leads to buyers holding out and economy tanking.
He is less doomy then usual
The unemployment is low because people are having to work multiple jobs just to survive!!!! What are they not understanding??? People are getting burned out by working multiple jobs just to survive…. it’s at a tipping point now.
Inflation falling my foot…. nothing has fallen in over 3 years!!! It’s only going up every single month.
Roubini is the last one I believe. pff.
Nouriel is smart he must know the inflation number is manipulated but as he is a professional economist cannot say it
Self censorship
My rent up 30 percent in two years
We have a bifurcated economy
Great for top 10 percent
Terrible for bottom 90 percent
He should call in sick with strep throat