
Is There Any Alternative to Tech? And Big Banks Come to the Rescue of First Republic 3/16/23
CNBC's "Fast Money"
00:00
Is the Fed Going to Be Next?
David Frum: I think everything we see in the past couple of weeks brings the recession that much closer, hard to know how deep or long it's going to be at this point. And don't forget, the economy resets with the lag to interest rates. We have not seen the full brunt of what's already happened. So yeah, I think the recession starting a I'm not going to pinpoint it to the month of the quarter, but Q2, Q3 has a bullseye on its forehead.
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