"We NEED A Recession!" Says Wolf Richter, Though He Doesn't See One Happening Soon

Dec 5, 2023

Economist and financial analyst Wolf Richter discusses the contrasting narratives about the economy, expressing concerns about overvaluation and warning of a recession next year. He assesses the global economy, highlighting the divergence between the strong US economy and weaker economies in other regions. They discuss positive trends in construction spending and per capita income, delinquency rates in the subprime sector, expectations for bond yields, gold and commodities as long-term investments, and the importance of staying fit and healthy.