Most of the US Is NOT In Recession Territory
From The Desk Of Anthony Pomplianoยท2025-09-11 19:01
Recent report from Moody's states that 33% of states in the US they are already in recession territory. It looks like Texas, California, Florida, New York, and North Carolina are responsible for majority of the economic growth happening right now. It makes sense the economic growth happening in these areas because of the tech sector.But the fact that we're not seeing growth in other states, that's less than ideal. So, add in the fact that the S&P 500's price to book value is now higher than it was in the 20 ...