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Wealthion - Be Financially Resilient

Economic Red Flags: Why the Next Recession Could Be Closer Than You Think | Dylan Smith

Jul 10, 2024
Vice President and Senior Economist at Rosenberg Research, Dylan Smith, discusses signals of an economic downturn, Federal Reserve rate cuts, inflation trends, labor market shifts, and political impacts on fiscal policy.
46:10

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Labor market strain signals potential economic downturn.
  • Speculation on Federal Reserve rate cuts influences market dynamics and investor strategies.

Deep dives

Economic Slowdown and Inflation Trends

The US economy is currently experiencing a notable slowdown, marked by weaker macro data shifting towards deflation. Inflation rates have decreased from 9% to around 3%, with underlying factors indicating a lower trend. The labor market is showing signs of strain, with growing revisions in various economic sectors pointing to significant changes in recent economic history.

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