The CEO of luxury furniture retailer RH insists the US is in a recession

The CEO of luxury furniture retailer RH insists the US is in a recession

The CEO of a luxury furniture retailer said it was ‘crazy’ to think the US economy was not in recession as household wealth plummeted by a record $6.1 trillion in the second trimester. “I don’t know, people keep saying, are we going to be in a recession?” We’re in a recession,’ Gary Friedman, managing director …

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