US Economy Slowing, Disinflating: Roth MKM's Darda

The video discusses the yield curve inversion as a leading indicator of recession, highlighting historical variations in the time between inversion and recession. It examines the current economic slowdown, the debate on recession, and the perception that this time might be different. The discussion includes trends in nominal GDP and GDI, noting a divergence that could signal recession. The video also covers inflation trends, emphasizing the lagging nature of inflation indicators like wages and rents. Finally, it projects future economic conditions, suggesting a potential sub-5% nominal GDP growth and a 2% inflation rate.

What are the implications of the statement 'it's different this time' in economic forecasting?

What trends are observed in nominal GDP and gross domestic income?