To investors, Below is a guest post from Nik Bhatia, financial researcher and Adjunct Professor at the University of Southern California Marshall School of Business and author of the Substack newsletter The Bitcoin Layer, providing a preview ahead of today’s Fed meeting. Enjoy!
Once a recession hits, it will itself cause greater drops in RGDP. Market sentiment and appetite for risk is terrible, and this will only be worsened by the clear cut signal of a recession. A light recession is extremely unlikely, unless the Fed quickly reverses course on QT and rates thereonwards.
Right now, the Dems at least have a strong labor to beam about. They may not even have that by fall.
Pomp, you have really hit the nail on the head in regards to the economy, inflation, and the motivation of the Fed on tightening things up.
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Once a recession hits, it will itself cause greater drops in RGDP. Market sentiment and appetite for risk is terrible, and this will only be worsened by the clear cut signal of a recession. A light recession is extremely unlikely, unless the Fed quickly reverses course on QT and rates thereonwards.
Right now, the Dems at least have a strong labor to beam about. They may not even have that by fall.