Real Vision: Finance & Investing cover image

Is This a Trampoline Landing? With Vincent Deluard

Real Vision: Finance & Investing

00:00

The Recession Is Not Going to Happen

I think right now the estimate for next year's call is around 3%. That's what the League of American seniors estimated came up last last week. And then we kind of go to where I think inflation really should be, which is 4% 5%. You'll actually see retirees get a net real income loss next year as opposed to the kind of like 5% real game that they have. Same thing for the brackets in 2020 for your tax liability for 20 or 3 will be based on inflation in 2023,. So it could be that if inflation reacts to their rates will have the bad kind of bracket creep.

Play episode from 15:23
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app