Recession: How to predict it?
Wall Street's 2023 recession forecast has been called into question by a string of stronger-than-expected data. Why is the US economy defying the most aggressive Federal Reserve rate hikes in decades? What is fueling the strong labor market and retail sales? Why has credit card delinquency stayed low despite the surge in borrowing cost? Why hasn't the housing market gone bust? What does the loose financial conditions mean for inflation and interest rates? Is the strong data bullish or bearish for the stock market? What will it take to get a recession? How should you be investing your money right now?
A former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew.
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#investing #recession #inflation
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