economy Markets

On The Edge Of Recession? A Handy Pocket Guide

A quick lay of the land, so to speak.

A quick lay of the land, so to speak.
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2 comments on “On The Edge Of Recession? A Handy Pocket Guide

  1. these guys are going all the way out to end of 2021 to call a recession. What are your own estimates telling you heisenberg?

  2. you won’t need a recession for things to feel ugly. nominal GDP growth lower than 4% trending towards 3% will all that is needed to start feeling the pinch. at 3% nominal, in a highly leveraged economy, debt will feel onerous, credit spreads will widen and lending will rapidly slow- and the economy will be highly vulnerable to a shock. many of the pundits are overly optimistic about first quarter growth and inflation is already heading to 1.5%.

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