3min chapter

Forward Guidance cover image

Jeff Snider: The Credit Crunch Is Here As Ultra Rare Bond Market Signal Flashes Red For First Time Since 2008

Forward Guidance

CHAPTER

The Fed's Forecast for a Mild Recession in 2023

The Fed is slowly incrementally progressing toward the same position that the markets have been in for quite some time. The chances of a more than mild recession are exceptionally high, says Jack Ablin. If things do continue to get worse, it won't be a mild recession, he adds.

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