Rebel Capitalist News Bloomberg Chief Economist Makes SHOCKING Recession Prediction
Sep 10, 2025
The discussion kicks off with a deep dive into revised payroll numbers and an alarming recession forecast for April 2024. It highlights the unpredictable nature of economic indicators, especially the Producer Price Index. The spotlight shifts to the Federal Reserve's favorite recession gauge, the near-term forward spread, which has often misjudged economic downturns. A fascinating new supercomputer model predicts a possible recession by August 2025, prompting listeners to stay informed and consider their financial strategies.
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Bloomberg Economist Sees April 2024 Peak
- Bloomberg chief economist Anna Wong says revisions suggest the business cycle peaked around April 2024.
- She believes the economy may already be in a recession or in its early recovery phase.
Yield Curve Steepening Predicts Recessions
- George Gammon compares yield-curve patterns across past recessions to identify warning signals.
- He highlights steepening after inversion as the point when
Boots-On-The-Ground View Vs. Media
- George Gammon recounts everyday observations that contradict mainstream claims of a booming economy.
- He says boots-on-the-ground anecdotal evidence feels recessionary compared with media narratives.