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MacroVoices #357 Darius Dale: The Recession is Coming But Not Until the Second Half

Macro Voices

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What's the Chronology of Stock Market Moves?

Sally Kohn: I think ultimately you have to attack this from a couple lenses right so you know going back to our net liquidity analysis. By the end of Q1 we're talking about somewhere around five and a half trillion liquidity that number could be closer to five by the time you get into the summer months if we're correct on the resiliency of the economy particularly the labor market contributing to a reluctant Fed reaction function. If there's a decent amount of time between the end of phase one and phase two in the beginning of phase two, then it's very likely markets can bottom and the first part of this year sometime in Q1 rally into the spring or even into the summer

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