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Forecasting the Moves of The Fed with Barry Habib (WiM282)
The "What is Money?" Show
Is There a Recession Already?
One of the reasons for a recession being more likely is because I'm tapping my savings, I'm maxing my credit cards. You're going to be giving up a lot of those things that people have been accustomed to doing Because they're now maxed out. And that's how recession begins. That's how recession turns. So if you believe in history, maybe not exactly repeating itself, as Mark Twain said, but rhyming, you more than likely will see asset prices on the overall indices have some less resistance and move lower rather than higher. If someone were less risk adverse and wanted to maybe hedge their positions, they may want to put some protective measures, some puts on their holdings
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