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Is There a Supply Side Recession on the Horizon?
You mentioned the labor market is tight and supply chains still seem to be pretty chaotic. Is a supply side recession on the horizon? And what would happen in your opinion if we did start to see unemployment start ticking up? That could be the stagflationary outcome, right? You really can't rule that out, especially so far in 2022. We've had stocks and bonds sell off together. It's very much a, and the entire world is feeling inflation.