Businesses ‘Extremely Cautious’ Heading Into 2023 (Attn. Demwits)

Yo Daddy!

Well-Known Member
Joined
Nov 17, 2022
Messages
1,933

Businesses ‘Extremely Cautious’ Heading Into 2023​

By Emel Akan

December 20, 2022 Updated: December 20, 2022

Epoch Times

The question of whether or not the U.S. economy is in recession remains one of the most hotly debated topics of 2022, yet corporate America is bracing for a slump in consumer spending. As high inflation depresses consumer demand, businesses of all sizes expect the economy to worsen in 2023.

Consumer spending has kept the U.S. economy afloat over the last year, but it is unclear whether this pace of spending will be sustained in the coming year as household budgets become further stressed.

Bank deposits have fallen by $340 billion since their peak in April, indicating a weakening savings buffer. The personal savings rate as a share of disposable income fell to a 17-year low of 2.3 percent in October. And consumers are increasingly turning to credit cards to make ends meet in the face of rising prices.

With household budgets squeezed and Americans signaling future spending cuts, business leaders are worried about a dip in revenues and the need to lay off personnel.

Profit outlook for S&P 500 companies also reflects the economic weakness ahead. Analysts now expect fourth-quarter earnings to fall by 2.8 percent, according to FactSet. This would be the first drop since the third quarter of 2020, when the pandemic was at its peak. In the last five years, average profit growth of S&P 500 companies was 14.3 percent.

“If a recession is coming in 2023, it will be the most widely anticipated recessions of all times,” Ed Yardeni, president of Yardeni Research said in a note. “It would be the first time that we’ve collectively talked ourselves into a recession,” he said, adding that some of the most vocal pessimists are bankers.

Executives of the largest U.S. banks are warning that rising prices would dampen consumer spending, which makes up around 70 percent of the U.S. GDP.
“Economic growth is slowing,” Goldman Sachs CEO David Solomon said on Dec. 6 at a conference hosted by the investment bank. “When I talk to our clients, they sound extremely cautious."

###


This is the price you made ALL OF US PAY.

Remember who had things humming like a well tuned car.

You hated that.

You gave US THIS and convinced US that it would be better than Trump.


But you only exposed yourselves as incompetent, disloyal liars who only want power and to have total control over US.
 
Last edited:
Werbung:
attention morons: no doubt we'll have another recession in the future. and then we'll recover from it. and then we'll have another recession. and so on and so on.
 
attention morons: no doubt we'll have another recession in the future. and then we'll recover from it. and then we'll have another recession. and so on and so on.
America is in decline.

America is in decline and things are becoming worse and worse.

Dems brought this decline with them. Maybe like Covid or something you can contract by close contact with infected Demwits.

The average Demwit is generally unaware of the state of peril in which we exist. So, they fight our efforts to prevent the worst, an economic and societal and government collapse requiring Marxist principles to "build America back better."
 

Businesses ‘Extremely Cautious’ Heading Into 2023​

By Emel Akan

December 20, 2022 Updated: December 20, 2022

Epoch Times

The question of whether or not the U.S. economy is in recession remains one of the most hotly debated topics of 2022, yet corporate America is bracing for a slump in consumer spending. As high inflation depresses consumer demand, businesses of all sizes expect the economy to worsen in 2023.

Consumer spending has kept the U.S. economy afloat over the last year, but it is unclear whether this pace of spending will be sustained in the coming year as household budgets become further stressed.

Bank deposits have fallen by $340 billion since their peak in April, indicating a weakening savings buffer. The personal savings rate as a share of disposable income fell to a 17-year low of 2.3 percent in October. And consumers are increasingly turning to credit cards to make ends meet in the face of rising prices.

With household budgets squeezed and Americans signaling future spending cuts, business leaders are worried about a dip in revenues and the need to lay off personnel.

Profit outlook for S&P 500 companies also reflects the economic weakness ahead. Analysts now expect fourth-quarter earnings to fall by 2.8 percent, according to FactSet. This would be the first drop since the third quarter of 2020, when the pandemic was at its peak. In the last five years, average profit growth of S&P 500 companies was 14.3 percent.

“If a recession is coming in 2023, it will be the most widely anticipated recessions of all times,” Ed Yardeni, president of Yardeni Research said in a note. “It would be the first time that we’ve collectively talked ourselves into a recession,” he said, adding that some of the most vocal pessimists are bankers.

Executives of the largest U.S. banks are warning that rising prices would dampen consumer spending, which makes up around 70 percent of the U.S. GDP.
“Economic growth is slowing,” Goldman Sachs CEO David Solomon said on Dec. 6 at a conference hosted by the investment bank. “When I talk to our clients, they sound extremely cautious."

###


This is the price you made ALL OF US PAY.

Remember who had things humming like a well tuned car.

You hated that.

You gave US THIS and convinced US that it would be better than Trump.


But you only exposed yourselves as incompetent, disloyal liars who only want power and to have total control over US.
You do go on with some rubbish. Don't stay up all night trawling for stories.

No one believes your propaganda. Least of all 81 million who disagreed with you.
 
America is in decline.

America is in decline and things are becoming worse and worse.

Dems brought this decline with them. Maybe like Covid or something you can contract by close contact with infected Demwits.

The average Demwit is generally unaware of the state of peril in which we exist. So, they fight our efforts to prevent the worst, an economic and societal and government collapse requiring Marxist principles to "build America back better."

worse and worse? 3.5% unemployment is a decline? or ..what is in decline?

things are becoming worse and worse for trump morons, as trump has been proven to be an anti-american clown selling digital trading cards of himself. lol
 
worse and worse? 3.5% unemployment is a decline? or ..what is in decline?

things are becoming worse and worse for trump morons, as trump has been proven to be an anti-american clown selling digital trading cards of himself. lol
Your post helps us better understand how foreigners can influence people to not recognize signs of deterioration.
 

Businesses ‘Extremely Cautious’ Heading Into 2023​

By Emel Akan

December 20, 2022 Updated: December 20, 2022

Epoch Times

The question of whether or not the U.S. economy is in recession remains one of the most hotly debated topics of 2022, yet corporate America is bracing for a slump in consumer spending. As high inflation depresses consumer demand, businesses of all sizes expect the economy to worsen in 2023.

Consumer spending has kept the U.S. economy afloat over the last year, but it is unclear whether this pace of spending will be sustained in the coming year as household budgets become further stressed.

Bank deposits have fallen by $340 billion since their peak in April, indicating a weakening savings buffer. The personal savings rate as a share of disposable income fell to a 17-year low of 2.3 percent in October. And consumers are increasingly turning to credit cards to make ends meet in the face of rising prices.

With household budgets squeezed and Americans signaling future spending cuts, business leaders are worried about a dip in revenues and the need to lay off personnel.

Profit outlook for S&P 500 companies also reflects the economic weakness ahead. Analysts now expect fourth-quarter earnings to fall by 2.8 percent, according to FactSet. This would be the first drop since the third quarter of 2020, when the pandemic was at its peak. In the last five years, average profit growth of S&P 500 companies was 14.3 percent.

“If a recession is coming in 2023, it will be the most widely anticipated recessions of all times,” Ed Yardeni, president of Yardeni Research said in a note. “It would be the first time that we’ve collectively talked ourselves into a recession,” he said, adding that some of the most vocal pessimists are bankers.

Executives of the largest U.S. banks are warning that rising prices would dampen consumer spending, which makes up around 70 percent of the U.S. GDP.
“Economic growth is slowing,” Goldman Sachs CEO David Solomon said on Dec. 6 at a conference hosted by the investment bank. “When I talk to our clients, they sound extremely cautious."

###


This is the price you made ALL OF US PAY.

Remember who had things humming like a well tuned car.

You hated that.

You gave US THIS and convinced US that it would be better than Trump.


But you only exposed yourselves as incompetent, disloyal liars who only want power and to have total control over US.
Epoch Times???
A godbothering right wing rag???
 
Epoch Times???
A godbothering right wing rag???
The Epoch Times operate by the same ethcs and principles that made America the greatest country on Earth in less than 200 years and American journalism the state of the industry.

The Epoch Times operates the way most uninformed Americans believe that ALLLL the media still operates by.

They have not learned that American journalism has been sold down the river by your tribe.
 
The Epoch Times operate by the same ethcs and principles that made America the greatest country on Earth in less than 200 years and American journalism the state of the industry.

The Epoch Times operates the way most uninformed Americans believe that ALLLL the media still operates by.

They have not learned that American journalism has been sold down the river by your tribe.
I stand by what I said and you co firmed it.
Greatest country on earth??? Don't make me laugh. Watch this.

 
I stand by what I said and you co firmed it.
Greatest country on earth??? Don't make me laugh. Watch this.

We were still the greatest country on Earth in 1976.

200 years after our founding.

Democrats, mostly, messed it up and now we're in decline.

A return to what is proven to work is need.
 
We were still the greatest country on Earth in 1976.

200 years after our founding.

Democrats, mostly, messed it up and now we're in decline.

A return to what is proven to work is need.
You should get some help if you think Trump is the answer.
 
You should get some help if you think Trump is the answer.

This tells you all you need to know.

BREAKING: Trump announces Digital Bill of Rights, his plans to protect freedom of speech | LiveFEED® (8:02)



Bad Decisions: The Joe Biden Story (40:46)

 
This tells you all you need to know.

BREAKING: Trump announces Digital Bill of Rights, his plans to protect freedom of speech | LiveFEED® (8:02)



Bad Decisions: The Joe Biden Story (40:46)

He's not the POTUS and never will be. The only thing he has ever digitised is women's pussies.
 
Werbung:
Back
Top