The Recession That Keeps Not Showing Up | COT 160 - The Cents of Things

For years, investors have been warned that the next recession is just around the corner.And yet, the economic data continues to tell a more complicated story.In Episode 160 of The Cents of Things, Jeff Kikel and Ron Lang examine the growing disconnect between how consumers feel about the economy and what consumers and businesses are actually doing.Corporate earnings growth has reached its highest level since Q4 2021, with strength extending beyond technology into areas including healthcare and financials. Durable-goods orders exceeded expectations, GDP remains positive, and jobless claims remain relatively contained.Housing, however, continues to tell a different story as high home prices and mortgage rates keep many buyers and sellers on the sidelines.Jeff and Ron also discuss NVIDIA's growing investments across the AI ecosystem and compare today's enthusiasm with Cisco's expansion during the dot-com era.In this episode:What NVIDIA's latest earnings tell us about AIThe similarities—and differences—between NVIDIA and CiscoWhy earnings growth is exceptionally strongWhy strength is spreading beyond technologyWhy recession predictions can become dangerous for investorsThe importance of time in the marketWhy stocks historically rise more often than they fallSeptember and October market seasonalityWhat durable-goods orders tell us about spendingWhy housing remains an economic weak spotThe latest GDP, PCE and jobless-claims dataWhat investors should—and shouldn't—expect from Jackson HolePlus, another edition of This Week in History, from Jack the Ripper and Thomas Edison to The Beatles and Grease.Smart Conversations. Stronger Financial Futures.#CentsOfThings #Investing #Economy #StockMarket #Recession #NVIDIA #AI #FinancialEducationCompanies mentioned in this episode:NvidiaSalesforceCrowdstrikeCiscoTeslaAppleGoogleBerkshire HathawayGMChrysler