MERIDIAN, Miss. - The American economy appears to be sliding into a recession based on declining consumer sentiment cited in research from Dartmouth College and University College in London. Meridian, Miss., financial advisor Gary James of Summit Wealth Group says many expected the recession during the pandemic, but it hasn’t happened. However, James believes there are two major risks that could cause one: Increase in taxes and interest rates. (Source: WTOK 10/12/21) Is the United States headed toward a recession? (wtok.com)
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