The data says we are in a recession: Scott Martin



Fox Business contributor Scott Martin and New York Post columnist Karol Markowicz discuss the White House’s view on a recession in the U.S. and how Americans are unhappy with handling on economy on ‘Fox Business Tonight.’

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

source

39 comments

  1. <great post Very detailed and accurate video you posted mate love your content. It's funny how some people out there still haven't accepted that cryptocurrencies continue to change the world globally. Those who are against it have a hard time today. While from a trader's perspective I feel that we really need more experts in this field to educate newbies/investors on how the community works, BTC's price has been fluctuating lately which means the market is currently open and I Can't tell if it's going to be too bearish or too bullish, this uncertainty turns most traders off and forces investors to stay tuned. I would say that making a profit is completely wrong. It all depends on the pattern you are trading and also the source of your strategies. I started with 2 BTC and accumulated over 7.5 BTC in just 4 weeks with the right trading strategy given to me by an experienced trader. Mr. Houston Parker. The methods are top notch and profitable and can be easily contacted by 🆃🅴🅻🅴🅶🆁🅰🅼👉easy to reach👉🏻 [@Houstonparker}.✅

  2. Ciao from Windsor Ontario Canada

  3. The Biden administration doesn't care.

  4. To be clear, the people controlling Biden's teleprompter are 100% to blame, not Biden. Repeat the line anyone?

  5. I understand everybody worries about the middle class but maybe you could give a few minutes for a segment of the people that are poor and we are not making ends meet we are slowly getting behind every month wow illegals come and get free everything?

  6. If Q2 is negative, which it will be, what would make Q3 positive? They gonna lower rates? LoL. Brandon will get 25th after the midterms BTW.

  7. WHITE HOUSE IS BLIND AND DEAF!

  8. This administration has one goal take down America from the inside !

  9. Youtube – "The Vaccine Pitch Meeting" – put out by InfoWars yesterday – it is something which all should watch, as this is truth – and it 100% based!!!

  10. January is when the recession started. 🤣EVERYONE KNOWS IT🤣 I am in Asia I knew USA was in a recession start of the year.🤣

  11. Have you ever read Florida's Constitution? Apparently not. You moved there.

  12. He needs sniffing room

  13. Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds…

  14. Totell failer .he get an ..f..in my book.

  15. Uprising in Panama currently underway and the Panama Canal is shut down causing headaches in the shipping industry. Meanwhile the massive caravans of migrants are trapped in Panama unable to continue North into Central America and complete their destination to America.

  16. Let’s go Brandon! Nuff said! Red tide coming!

  17. Unemployment is low bc people are not going back to work. Why when it cost more to go to work then to stay home.

  18. How about bringing actual Americans into Congress and explaining their struggles and not a biased pre screened group real people real problems b/c they have forgotten about their constituents that pay their salary.

  19. Can't feel sorry for the old man, he is evil just like those who are pulling his strings. LGB. Obama's third term sucks worst than his previous two. Anyone in the US who ever votes for a democrat again needs to move to China or Venezuela or NOT vote in this country.

  20. Pelosi, Biden, Harris are narcissists and are only out for what benefits them. These careers politicians are insular and rarely around average citizens.

  21. No say it’s not so!

    Tell people the truth were in a transgender economy!

    This is a lie democrats don’t believe in data or science!

    It’s all trump and Reagan’s fault!!

  22. Historical, recession is a lagging indicator. Government always gets it wrong. This time it’s likely to be stagflation, persistent and painful to all but the costal elites.

  23. Down with fox sports for defacing 9/11 memorial!

  24. TRUMP was right again wowzies

  25. These career politicians, such as Biden, Harris, and so many others measure the pulse of the nation by their own pockets… it is like saying, “no worries, America, all is well.”

  26. SHORT SELLERS WILL LOOSE LOTS OF $$$! Retail investors believe market will keep going down. They SELL & start SHORTING STOCKS, Smart money will SQUEEZE those brainless, get their $$. THE NEWS NOW IS NEWSLESS!

  27. Resident Bite-me wants everyone to earn $15 per hour, but wants no inflation

  28. This administration will do absolutely nothing to lift the oppression they have let loose on the American tax payers. They just don't care. And they get irate when confronted with the effects their outrageous policies are having on the tax payers lives. They have their agenda and they totally expect the people to suck it up and go with the flow and stop complaining. Just a small side note to this administration: this nation is not communist China. At least not yet. You'll have to wait for the next generation to truly push that since they've not been taught our history or pride in our accomplishments as a nation and are easily led to the slaughter. Right now we still have a large portion of WWll families who have been taught first hand and get our freedoms came at a price. The "last great generation" speaks volumes. We must not forget every person in our military who protects us everyday even though this administration has laid down with the dogs of the world and stripped out nation of its greatness and has worked over time to hand us to China on a silver platter.

  29. Lying media been recession for a while. Media loves to lie ########

  30. We've been in a recession since January, at least. Actually since December, 2021. It will take until July 28th to be "official". Biden will STILL say it is the "best economy in history"

  31. It is the Fed who has the power to control most inflation. They favor Dems. If the Reps take power, the Fed will only go full steam on tightening, crushing asset prices. I am all for the Fed tightening, either party in power. But don’t be so quick to believe a Rep take in the election means inflation relief. Not so easy. None of the financial sector complained as we mortgaged the futures of our children on stimulating by cheap debt at every whiff of recession. The last 40 ys have been the most irresponsible fiscal and monetary demonstration in the history of our country. Tightening is the responsible, though painful, thing to do for future workers. Established power and wealth will tell you everything needs propped up to save the poor and middle class. It’s a ruse to keep their wealth and power. Not helpful to the commoner in the long run.

  32. Incompetence just wants to sit in the chair. They don’t know what to do.

  33. industrial Businesses going to Florida is a mistake due to the weather in Florida

  34. Wages going up will cause healthcare insurance to go up .

  35. Wages don't need to go up. Prices need to come down . So , not to hit the healthcare market

  36. I see recession hitting after Christmas

  37. Everybody knows we are in recession except the fool in WH

  38. People in charge who know nothing……Always rings true!!!