25min chapter

Thoughtful Money with Adam Taggart cover image

Lacy Hunt: Prepare For Recession, The Fed's Optimism Is Wrong

Thoughtful Money with Adam Taggart

CHAPTER

Assessing the Global Economy and Financial Markets

This chapter provides an analysis of the current state of the global economy and financial markets, focusing on major economies in recession, employment measures, and discrepancies between GDP and GDI. It discusses the challenges faced by the US economy post-COVID, potential risks of high inflation and increased debt, and the reliance on consumer spending for economic stimulation. Additionally, it explores the impact of inflation on essential items, income, and wealth inequality.

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