Cathie Wood: We're in a Recession

The video discusses the current economic situation, debating whether the economy is in a recession. It highlights indicators such as consecutive GDP declines and an inverted yield curve. The speaker suggests it's an inventory recession, unlike the 2008-2009 crisis. The discussion also covers China's economic challenges, particularly in real estate, and their global impact.

What are the indicators mentioned that suggest the economy might be in a recession?

• Three consecutive months of rising stock prices

• Two consecutive quarters of GDP decline

• Two consecutive quarters of GDP growth

• Three consecutive months of increasing employment

What is an inverted yield curve often considered a warning sign of?

• Recession

• Deflation

• Economic expansion

• Inflation

How does the current recession differ from the 2008-2009 financial crisis?

• It is due to a global pandemic

• It is caused by systemic excesses in the mortgage market

• It is an inventory recession without systemic excesses

• It is driven by a technology bubble

What percentage of China's economy is attributed to the real estate sector?

• 40%

• 30%

• 20%

• 10%

What impact is China's economic situation having on global markets?

• Declining global commodity prices

• Boosting global economic growth

• Increasing global commodity prices

• Stabilizing global stock markets