Deese: Economy Faces 'Lot of Uncertainty' in Coming Year

The video discusses the new regulation allowing over-the-counter hearing aids, aiming to reduce costs and increase competition. It covers the Inflation Reduction Act, which seeks to lower healthcare premiums and reduce the deficit. The video also addresses economic transition, recession risks, housing market challenges, and the impact of China's economic slowdown on the US economy.

How does the current labor market situation relate to the possibility of a recession?

What challenges does the housing market currently face according to the text?

In what ways is the US economy positioned to handle global challenges, including those from China?