America Is In A 'Plain Vanilla Recession': Danielle DiMartino Booth | The Bottom Line

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Significant job losses and bankruptcy filings over the past year signal a "plain vanilla recession," according to Danielle DiMartino Booth, CEO and chief strategist for Quill Intelligence. In this episode of "The Bottom Line," CNBC explores the former Dallas Fed advisor's views on the state of the U.S. economy, the navigating high of inflation and interest rates, globalization and a weakening labor market. Chapters: 00:00 Introduction 00:24 Bankruptcy cycle 01:38 Federation policy 04:54 Labor market outlook 05:59 Recession? 07:07 AI transformation 07:57 Cryptocurrency 8:52 International relations Produced by Charlotte Morabito Edited by Emily Rabbideau Supervising Producer: Lindsey Jacobson Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to be more successful and confident with your money? Take CNBC Make It’s new online course. Our expert instructors will help you master your money and discover practical strategies to boost your savings, reduce debt, and grow your wealth—in a way that works best for you. Enroll in "Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure" to start your journey to financial freedom today! Get a 30% discount with the coupon code EARLYBIRD until September 2, 2024: https://cnb.cx/3WiasGB Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC #economy #inflation #recession America Is In A 'Plain Vanilla Recession': Danielle DiMartino Booth | The Bottom Line