Is recession a certainty ? | David Woo

Why is everyone on Wall Street talking about a recession in 2023? Is a recession a foregone conclusion? Does a Federal Reserve interest rate hiking cycle have to end in a recession? What about the fact that US private sector balance sheets have never been stronger in 30 years? What is preventing high mortgage rates from crashing the housing market? Why is the bursting of the stock market the biggest threat to the US and global economy next year? 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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