Economy Likely Headed to Recession, Brean's Ryding Warns

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"Very easily there's a scenario where we potentially get to 6%" Fed funds rate, Brean Capital Chief Economic Adviser John Ryding says during an interview with Kriti Gupta and Jon Erlichman on Bloomberg Television.

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Комментарии
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Buy Now Pay Later companies making billions ... the recession is happening now.

SavingsMinusDebt
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The US plunge protection team is sure working overtime today.

commonsense
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Recession? Come on there's no way. It's not like the markets are already -3.5% over the last year. 🤦🏼‍♂️

commonsense
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As more people participate in the stock market, more inflationary wealth effect becomes.

johndingle
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To speak of the “economy” as a monolithic thing is misleading. We have a bifurcated economy. Large corporations and their investors (i.e. rich people) are doing well. The vast middleclass, low-income workers, and small businesses have been struggling for over two years. For them, the recession is old news; they are in midst of one. Pundits agree that in late 2023 the US will feel the effects of the recession – meaning consumers will finally be too poor to buy much beyond the bare necessities, and some cannot afford even that. But as always, the effects of government-caused inflation and constraints on real competition are hitting the “have nots” while the “haves” are in hog heaven.

garyk.nedrow
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I think it will be worst. We will be headed to a major depression, not a recession.

erniewinn
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They’ve been saying this for a long time. Seems likes they’re trying to push us into it through speculation. Idk tho

s.m.
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Nearly everybody is saying the fed is gone move 25BP in each of the next two FOMC.
This dude says the gone pause he is so wrong.

Inverted yield curve doesn't mean a recession all the time if happend twice that the inversion wasn't followed closely by an recession.

paxundpeace
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IT'S BEEN SO ROUGH FOR ME TRADING ON MY OWN BECAUSE I HAVE HAD MUCH LOSSES. THINK THE REAL MARKET IS MANIPULATED. PLEASE, CAN ANYONE HELP ME OUT OR TELL ME WHAT I'M DOING WRONG.

natashanile