Rather than an abrupt contraction Americans need to brace for, a “rolling recession” is already in progress, according to Sung Won Sohn, professor of finance and economics at Loyola Marymount University and chief economist at SS Economics. “This means some parts of the economy take turns suffering rather than simultaneously.”
Source: CNBC
What Is a ‘Rolling Recession’ and How Does It Affect Consumers? Economic Experts Explain
