Part 1/7:
Economic Turbulence: Signs of an Impending Recession
In recent weeks, a number of economists who once held a bearish outlook have begun to shift their positions, warning of a potential economic crash that could unleash up to 1 million job layoffs across the nation. The shift in sentiment comes amid rising concerns about high market valuations and declining consumer sentiment. Meanwhile, notable financial figures like Jamie Dimon, CEO of JP Morgan, have also taken steps that indicate caution, including the liquidation of $233 million in company stock.
With the looming threat of a recession, the article explores how consumers can prepare for the potential economic downturn and the state of the housing market as we approach 2025.