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Mark Zuckerberg’s Metaverse Ambitions, and What Powell’s Warning Means for the Market 06/22/22

CNBC's "Fast Money"

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Are We Going to Have a Recession?

Peter bokfar is a chief investment officer bleakly advisory group and a c m b c contributor. Fed chief jerome powell told the senate banking committee to day that he is committed to bringing down inflation, but acknowledged aggressive rathikes could tilt the economy into a recession. i think it's still inevitable thath we do gete negative rates of business activity when we look to the back half of this year and even to next year. I know some people think it's not until 20 23, but i think we're either the beginning of one or just getting ready for an economic slowdown.

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