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Elon Musk Predicts a Moderately Mild Recession Ahead


CNBC's Phil LeBeau joins 'Squawk Box' to report on Tesla CEO Elon Musk's comments at the company's annual shareholder meeting. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV...(read more)



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Elon Musk is a name that has been synonymous with innovation and disruption in the technology industry for some time now. Known for his multiple ventures across different industries, Musk has been able to create a reputation for himself as one of the most successful and forward-thinking business leaders of our time. While his ventures have not been without their controversies and setbacks, Musk's talent for inciting change and driving progress is undeniable. Amidst the rapidly changing global landscape and the economic fallout from the ongoing COVID-19 pandemic, Musk made a bold prediction in May 2020: “Based on current trends, probably close to zero new cases in US too by end of April…not a guarantee, but there’s reason for optimism." This statement sparked a lot of debate and uncertainty, but Musk has since clarified his prediction and shared his thoughts on the state of the economy in the coming months. In an interview with Joe Rogan in May, Elon Musk predicted that the US will face a "relatively mild recession," despite the widespread impacts of the pandemic. According to Musk, this prediction is based on the fact that the economy was already strong and moving at a good pace prior to the pandemic. He also cited the unique circumstances of the situation, pointing out that this is not a traditional economic recession caused by a financial crisis or other market factors. Musk's statement may come as a relief to many who have been bracing themselves for a long and difficult economic downturn. While economists and analysts have made their own predictions about the state of the economy, Musk's viewpoint offers a unique perspective based on his experience as an entrepreneur and investor. However, it is important to note that predictions about the economy are never guaranteed, and the true impact of the pandemic on the global economy may not fully be known for some time. Regardless, Musk's optimism and confidence in the ability of the economy to recover is a positive outlook in an uncertain time. As we look towards the future, it is clear that the world will continue to face unprecedented challenges and disruptions. However, leaders like Elon Musk offer hope and inspiration for those looking to navigate these difficult times. By staying focused on innovation and progress, we can work together to come out of this crisis stronger and more resilient than ever before. https://inflationprotection.org/elon-musk-predicts-a-moderately-mild-recession-ahead/?feed_id=102061&_unique_id=64736de172581 #Inflation #Retirement #GoldIRA #Wealth #Investing #breakingnews #businessnews #cable #cablenews #CNBC #financenews #financestock #financialnews #money #moneytips #newschannel #newsstation #SquawkBoxU.S. #stockmarket #stockmarketnews #Stocks #usnews #worldnews #RecessionNews #breakingnews #businessnews #cable #cablenews #CNBC #financenews #financestock #financialnews #money #moneytips #newschannel #newsstation #SquawkBoxU.S. #stockmarket #stockmarketnews #Stocks #usnews #worldnews

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