Are We Heading Into a Recession? J Scott Breaks It Down | Bigger Pockets Video

Episode #662
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Episode Show Notes: link
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Connect with J Scott: jscott.com
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Scott: link
Mindy: link
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In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench sit down with renowned real estate investor and economic analyst J Scott to unpack the confusing and often contradictory signals defining today's economic landscape. With recession fears dominating headlines yet certain economic indicators showing strength, the trio dives deep into the data to separate fact from fiction. The conversation explores a mix of economic paradoxes: while unemployment rates continue to decline and wage growth accelerates in many sectors, consumer spending patterns reveal a more cautious American public. J breaks down these seemingly conflicting trends and explains what they might mean for everyday investors and entrepreneurs.

Perhaps most importantly, the episode tackles the question if we are currently in a recession. In this economic uncertainty this episode emphasizes the fundamental importance of diversification strategies, offering practical advice for navigating volatile markets while building long-term wealth. Whether you're a seasoned investor or just starting your financial independence journey, this episode provides the clarity and actionable insights needed to make informed decisions in today's complex economic environment.

00:00 Are We In a Recession?
01:34 Defining a Recession
05:27 Analyzing Employment Data
06:46 Consumer Spending Trends
09:13 Business Health and Bankruptcy Trends
14:37 Gig Economy and Employment Data Challenges
18:47 Amazon Prime Day and Military Recruiting
24:49 Impact of Tariffs on Inflation
27:09 Potential Economic Upsides
27:14 Interest Rates
31:13 AI's Role in the Economy
39:52 Recession Debate
47:43 Connect with J!