Biden Signals US Can Avert Recession, But Americans Are "Really Down"

123
7
Favorite

Biden Signals US Can Avert Recession, But Americans Are "Really Down"

Bloomberg2022-06-17

President speaks in AP interview, cites mental-health needsBiden reiterates US in stronger position than others to copePresident Joe Biden said a US recession isn’t inevitable but acknowledged that ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

123

Report

Comment（7）

LEESIMON
·2022-06-17
ok
Reply
Like
Report
K74
·2022-06-17
Yeah
Reply
2
Report
Bobster
·2022-06-17
Fact?!? You can say what you like. Truth is you won't be ard in 10 years, let alone 2nd half of the century. US is on a southerly path. Pls do elect another Trump or Biden... that'll put a nail to the coffin
Reply
1
Report
SSVC
·2022-06-17
K
Reply
1
Report
YauDK
·2022-06-17
Ye ye
Reply
2
Report
TaiWoeiHaur
·2022-06-17
Good
Reply
3
Report
Worpeng2002
·2022-06-17
Ok
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1130113333?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-06-17 08:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1130113333","market":"us","top_or_hot":-1,"title":"Biden Signals US Can Avert Recession, But Americans Are \"Really Down\"","media":"Bloomberg","content":"<div>\n<p>President speaks in AP interview, cites mental-health needsBiden reiterates US in stronger position than others to copePresident Joe Biden said a US recession isn’t inevitable but acknowledged that ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-16/biden-says-recession-not-certain-public-really-really-down?srnd=premium#xj4y7vzkg\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden Signals US Can Avert Recession, But Americans Are \"Really Down\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden Signals US Can Avert Recession, But Americans Are \"Really Down\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-17 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-16/biden-says-recession-not-certain-public-really-really-down?srnd=premium#xj4y7vzkg><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>President speaks in AP interview, cites mental-health needsBiden reiterates US in stronger position than others to copePresident Joe Biden said a US recession isn’t inevitable but acknowledged that ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-16/biden-says-recession-not-certain-public-really-really-down?srnd=premium#xj4y7vzkg\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-06-16/biden-says-recession-not-certain-public-really-really-down?srnd=premium#xj4y7vzkg","article_id":"1130113333","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130113333","pubTimestamp":1655424255,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"President speaks in AP interview, cites mental-health needsBiden reiterates US in stronger position ","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite"},"translate_title":"拜登暗示美国可以避免衰退，但美国人“真的很沮丧”","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".IXIC":1},"content_text":"President speaks in AP interview, cites mental-health needsBiden reiterates US in stronger position than others to copePresident Joe Biden said a US recession isn’t inevitable but acknowledged that Americans are “really, really down” on the state of the country in an interview Thursday with the Associated Press.“People are really, really down,” Biden said. “The need for mental health in America, it has skyrocketed, because people have seen everything upset -- everything they’ve counted on upset. But most of it’s the consequence of what’s happened, what happened as a consequence of the Covid crisis.”The sit-down was Biden’s first with a print outlet since taking office, and comes a day after the Federal Reserve executed its biggest interest-rate hike in almost three decades in a bid to tamp down ballooning prices. Concerns over inflation and an aggressive response by the central bank have fanned fear of recession and soured Americans’ opinions of the economy and the president -- despite a strong labor market.Biden reiterated his message that the US was “in a stronger position than any nation in the world to overcome this inflation.”“I am confident we’re better positioned than any country in the world to own the second quarter of the 21st century,” Biden told the AP. “That’s not hyperbole, that’s a fact.”Investors are among those concerned about the outlook, with the S&P 500 stock index this week tumbling into a bear market. Also this week, average mortgage rates climbed close to 6%, the highest since 2008 and almost double where they were at the start of the year.The White House has intensified its economic messaging efforts in recent days, with administration officials appearing more frequently on television and the president holding a series of events on White House efforts to combat inflation. Biden has placed particular emphasis on tackling high gasoline prices -- which now average more than $5 per gallon nationwide -- issuing a letter critical of oil refiners earlier this week and announcing plans to visit Saudi Arabia next month.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9057014073,"gmtCreate":1655435481992,"gmtModify":1676535639474,"author":{"id":"3579044609497336","authorId":"3579044609497336","name":"LEESIMON","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3579044609497336","authorIdStr":"3579044609497336"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057014073","repostId":1130113333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054779474,"gmtCreate":1655430390698,"gmtModify":1676535638299,"author":{"id":"3574026189533561","authorId":"3574026189533561","name":"K74","avatar":"https://community-static.tradeup.com/news/0915c1dbb625a1fab842a01a98e9f31a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574026189533561","authorIdStr":"3574026189533561"},"htmlText":"Yeah&nbsp;","listText":"Yeah&nbsp;","text":"Yeah","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054779474","repostId":1130113333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054710648,"gmtCreate":1655427117484,"gmtModify":1676535636672,"author":{"id":"4098498544462920","authorId":"4098498544462920","name":"Bobster","avatar":"https://static.tigerbbs.com/afe602d51a0833dfac995196382a7e18","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4098498544462920","authorIdStr":"4098498544462920"},"htmlText":"Fact?!?&nbsp;You can say what you like. Truth is you won't be ard in 10 years,&nbsp; let alone 2nd half of the century. US is on a southerly path. Pls do elect another Trump or Biden... that'll put a nail to the coffin&nbsp;","listText":"Fact?!?&nbsp;You can say what you like. Truth is you won't be ard in 10 years,&nbsp; let alone 2nd half of the century. US is on a southerly path. Pls do elect another Trump or Biden... that'll put a nail to the coffin&nbsp;","text":"Fact?!? You can say what you like. Truth is you won't be ard in 10 years, let alone 2nd half of the century. US is on a southerly path. Pls do elect another Trump or Biden... that'll put a nail to the coffin","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054710648","repostId":1130113333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054703571,"gmtCreate":1655425939093,"gmtModify":1676535636042,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054703571","repostId":1130113333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054476430,"gmtCreate":1655425621020,"gmtModify":1676535635854,"author":{"id":"3580072870029753","authorId":"3580072870029753","name":"YauDK","avatar":"https://static.tigerbbs.com/4e00c10df4000c04392220903422d15f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580072870029753","authorIdStr":"3580072870029753"},"htmlText":"Ye ye","listText":"Ye ye","text":"Ye ye","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054476430","repostId":1130113333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054443847,"gmtCreate":1655425027589,"gmtModify":1676535635544,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3563667765668803","authorIdStr":"3563667765668803"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054443847","repostId":1130113333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054455540,"gmtCreate":1655424784880,"gmtModify":1676535635347,"author":{"id":"3582000520700468","authorId":"3582000520700468","name":"Worpeng2002","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582000520700468","authorIdStr":"3582000520700468"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054455540","repostId":1130113333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":123,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}