What are the main reasons why Janet Yellen believes signs of recession don’t exist?
Bullion.Directory precious metals analysis 05 August, 2022
By Devlyn Steele
Director of Education at Augusta Precious Metals
There’s been no shortage of concerning economic data for many months. And now we just learned the economy contracted for a second quarter in a row, putting the country in a “technical” recession.
Despite all of this recession “smoke,” Janet Yellen says there is no recession “fire.” In fact, Yellen says she sees no signs of recession at all. In this week’s Touchpoint video, Augusta’s director of education Devlyn Steele addresses the Treasury secretary’s claims that recession isn’t even in sight.
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Devlyn Steele
Devlyn Steele is Director of Education at Augusta Precious Metals, America’s leading gold IRA specialists and go-to precious metals dealer for high-net-worth investors.
A Harvard educated professional economist, Devlyn writes and speaks extensively on precious metals’ use as a portfolio diversification tool and market hedge. He and his team provide a unique personalized introduction and onboarding webinar for new investors at Wyoming-based national gold and silver dealer Augusta Precious Metals.
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