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Many of the commentators are right in assessing that the possibility of just a mild slowdown is perhaps overestimated, is perhaps seen as too likely, and once we start to see sentiment shift, either in the business sector or in the consumer sector, that can feed off of itself — that can lead to further weakness, which could lead to a stronger rise in the unemployment rate and weaker economic conditions.

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CNN 1 year ago

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    "Gregory Daco Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.quotes.net/citizen-quote/481902>.

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