3min chapter

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Lt. Col. Stuart Scheller | PBD Podcast | Ep. 194

PBD Podcast

CHAPTER

The Recession Story - What's Going on Today?

Bloomberg economic sees near certainty downturn will start tightening conditions inflation, hawkish Fed way on outlook 100%. Bloomberg surveys 40 42 economists predict the probability next one was about 50% earlier. Mortgage is getting hit hardcore rates are going to continue to go up. Next year you're going to feel the unemployment happening in 2023. My prediction is with that part, but I think recession will be full on recession.

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