Liars During A Recession

Normally, you'd think that inflation takes a nosedive during a recession, right? Well, not always. Back in 2008, oil prices shot up to a whopping $140 a barrel, even when we were knee-deep in a recession. The banks and the market were all like, "Don't worry, we got this," and promised interest rate hikes by the end of the year. It's like they were living in a different world! These situations show how markets can become disoriented during a recession when there is a disconnect between perception and reality.

Watch more of this short video from Market Panic Attack In Store Once It Realizes 'Hard Landing' Is Unavoidable | Lakshman Achuthan.

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