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Felix Zulauf: The Fed Is Making A Policy Error

The Macro Trading Floor

CHAPTER

Is This the Most Predicted Recession Ever?

42% of all surveyed economists expect a recession within the next year or year and a half This is by far the clearest signal ever in the Bloomberg economist survey for future growth We've never seen such a uniform signal from economists expecting a recession ahead. I would think that we have to be prepared for the closing of the Straits of our moose and something crazy Like that and and then all the bets are off of course So I think it will be a very wild and volatile world in the next few yearsVery good for macro traders and very very difficult for passive Investors who just buy and sit, you know, they can get very disappointed in the next two ten years or so.

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