4min chapter

Forward Guidance cover image

“In 6 to 12 Months, We’re Going To Have A Big Problem” | Eric Basmajian & Joseph Wang

Forward Guidance

CHAPTER

The Economic Outlook for 2022

The economy in the way that I look at it is certainly a pre-recessionary path now based on the way that the data is Currently reported. We are not in a recession mainly because employment is too strong. The Fed will keep going until they see outright negative numbers on these NFP reports and maybe a couple of them in a row Well, what about isn't it all about inflation and could you have a negative NFP report?

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