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News@lemmy.world · 6 months ago

Recession odds are 'very high' as economy looks poised to see an unemployment wave and plunging consumer spending, chief economist says

www.businessinsider.com

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Recession odds are 'very high' as economy looks poised to see an unemployment wave and plunging consumer spending, chief economist says

www.businessinsider.com

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News@lemmy.world · 6 months ago

3

"Is it possible the Fed cuts rates very dramatically? Yes. But that's only going to happen or most likely going to happen if there's a recession."

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AbouBenAdhem@lemmy.world
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6 months ago
“Chief Economist” of a Japanese stock trading company (and senior fellow at a right-wing think tank) whose views are contrary to most of his field.

News@lemmy.world

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