Second-quarter reports on the economy are coming in this week, as well as corporate financial results. The expectation is that gross domestic product will take a dip for the second consecutive quarter. But don’t start in with the R-word. Kai and Marketplace’s Amy Scott discuss why this isn’t a recession (seriously). We’ll also discuss some energy news from overseas, including Russia’s decision to restrict its supply of natural gas to Europe. And Kai’s got an opinion on teasers that are “too teasy.”
Here’s everything we talked about on the show today:
- Axios correspondent Neil Irwin shared this tweet regarding “recession” coverage
- “Biden: ‘We’re not going to be in a recession’” from Axios
- “Russia cuts gas deliveries to Europe via Nord Stream 1” from The Financial Times
- “How London Paid a Record Price to Dodge a Blackout” from Bloomberg
- Marvel Studios’ Black Panther: Wakanda Forever | Official Teaser
- “Joni Mitchell sings, steals show with surprise Newport Folk Festival concert” from NPR
Have thoughts or questions for the show? Share them with us at makemesmart@marketplace.org or leave us a voice message at (508) 827-6278 or (508) U-B-SMART.
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