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57% Informative
Sherman Sherman is the New York Times best selling author and breakout capital CIO .
Sherman says the US has been an overstimulated superpower.
He says the consumer is tapped out because of the excess savings that the consumer had accumulated during the entire pandemic.
Sherman : By the end of this year , the economy comes to a virtual standstill as stimulus runs its course.
The scope for the Fed to cut interest rates this time is going to be a lot more limited.
Lowering interest rates would mean the cost of carrying that debt would come down marginally.
But lower interest rates will be offset this time, unlike previous downturns, because the funding pressure is so high, the deficit so high.
VR Score
59
Informative language
56
Neutral language
48
Article tone
informal
Language
English
Language complexity
25
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
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