Recession obsession, Retail Wreck, and Chex & Paychex 6/28/22

The Exchange

Ark Invest’s Cathie Wood says the U.S. is already in a recession. But Fed Official John Williams says the economy is “strong.” Who’s right, and what should you do with your money here? We’ll explore. Plus, retailers like Allbirds & Warby Parker rushed to go public during the height of the pandemic e-commerce boom, but now they’ve plunged 70% so far this year. Are they prime takeover targets? We’ll debate. And, we’ll bring you the action, the story and the trade in Bed Bath & Beyond, General Mills and Paychex ahead of results on deck in another edition of Earnings Exchange.