How to Prepare for a Recession That Lasts

When you look at the landscape of analysts out on Twitter, you really do see two polar opposites. You see people who say that we will have potentially a negative inflation CPI print by the summer and others saying that come fall will have double digit inflation. So I think right now what's important is to always look at the source of the prediction in the forecast. This is the time to eat a few more meals at home. To up your savings rate,. A little bit more than you would otherwise to turn your ears off when it comes to people who are like as long as you're always in the stock market you'll be fine.

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Danielle DiMartino Booth's Banking Crisis Opus: Too Small to Not Fail

Danielle DiMartino Booth is CEO and Chief Strategist for Quill Intelligence LLC, an independent research firm. She spent nine years at the Federal Reserve Bank of Dallas where she served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. DiMartino Booth's work at the Fed focused on financial stability and the efficacy of unconventional monetary policy. She earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.

In this episode we discuss:

-How does U.S. banking system work?

-Banking crisis and the Fed stepping in with BTFP

-Is the recent turmoil system and similar to '08-'09 GFC?

-Is the recent government intervention QE?

-Will Fed Chair Jerome Powell pivot and go back to ZIRP?

-Credit risk in Commercial Real Estate sector

-Economy decelerating toward recession

-Will hard landing/severe recession spur more fiscal stimulus/CBDCs and UBI?

-How to financially plan in this economy

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Follow Danielle on Twitter https://twitter.com/DiMartinoBooth

IN THIS EPISODE:

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- Quill Intelligence https://quillintelligence.com/

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