"Secretary Yellen, can you give us your definition of a recession?"
"I cannot ... I would shay... there is no such thing as eh re-cesshion... because every recession is transitory... That's it..."
"Secretary Yellen, do you know what an economist is?"
"All economic indicators indicate I am my own definition of an economic indicator..."
Janet Yellen downplays U.S. recession risk ahead of key economic reports this week Click to view
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HERE.
Jamie Dimon Newsflash, 7 months ago.Jamie Dimon Newsflash, 3 months ago.Jamie Dimon Newsflash, 1 month ago. Larry Summers Newsflash, 1 year ago.Larry Summers Newsflash, 6 months ago.Larry Summers Newsflash, 1 month ago. Nomi Prins WE DIDN'T START THE FIRE I think I will dig up a long email I wrote to my old LL, which included me saying that all the free COVID money would be causing inflation. Although, that post will be friends-only. Aren't you the lucky ones?