3min chapter

Forward Guidance cover image

Inflationary Recession Is On The Horizon | Paul Hodges

Forward Guidance

CHAPTER

The Economic Impact of the Surge in Oil Prices

Energy price shocks usually precede recessions. Do you think that it makes recession more likely or is your case on recession more to do with what you're seeing in the chemicals market and oil just sort of makes it all the more likely? Well, I think the oil position is the rationale for what we're seeing," he says. "We've also got gas prices at extraordinary high levels as well"

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