Wealthion - Be Financially Resilient cover image

Markets To Hit New Lows When Inevitable Recession Hits? | Eric Basmajian

Wealthion - Be Financially Resilient

00:00

The 8% Cost of Living Adjustment: A Form of Fiscal Stimulus

A lot of these things get baked into the cake before they show up in aggregate economic statistics. We're going to have this decline in production that's going to have to filter through no matter what. Even though the Fed and fiscal policy may have had a stick save, that stick save prevented the economy from maybe having an abrupt recession then. The fact that they haven't is more evident of the fact that it was a short-term solution rather than a real cyclical change in direction.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app