Americans are contending with soaring prices at grocery stores, gas stations and shopping malls as hits a 41-year high as financial experts warn that the country is already in a recession. Inflation has skyrocketed in the past year, reaching 8.6 percent in May, the highest it's been since 1981, hitting many American's wallets as food cost soar and gas prices reached $5-a-gallon last year. But after a tumultuous end to the second fiscal quarter last week, many are now claiming the U.S. is already in a recession, including financial advisor Dawn Dahlby.
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