The speakers explore the concept of a 'soft landing' and credit conditions in relation to a potential recession. They highlight the unique aspects of the current economic cycle and discuss the impact of initial rate hikes on manufacturing as well as the potential for a recession despite a strong job market. Additionally, they delve into how companies are responding to an uncertain outlook by shedding jobs.
Bloomberg Economics Chief US Economist Anna Wong discusses why a US recession is still more likely than a soft landing.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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