Anthony Scaramucci says the US economy isn't facing a recession. It's already in one.

""If you're asking me, 'Are we currently in a recession?' I believe, after 37 years on Wall Street, that we already are in one.""

""If you just look at the data for lower and middle income people, [that group] more or less has to stop spending.""

""The data is going to come out and [it's] going to tell you that we're in a recession.""

Anthony Scaramucci asserts that the US is already in a recession, citing the fragile economy and the impact of Donald Trump's policies. He emphasizes that lower and middle-income individuals are reducing spending, which could lead to food and energy shocks. Scaramucci believes that Trump's policies have contributed to rising prices and prolonged economic drama. He predicts that future economic data will confirm no growth for two consecutive quarters, meeting the technical definition of a recession, although this may not be officially recognized for some time.

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