Rubenstein: Next President Likely to Face Recession

The video discusses the uncertainty in economic policies under potential presidencies of Trump or Hillary, highlighting the difficulty in predicting their exact impact. It suggests a likely period of low economic growth or recession, regardless of the president, due to existing economic conditions. The Federal Reserve's actions, such as interest rate hikes, are expected to be independent of presidential influence.

Discuss the likelihood of a recession occurring in the first term of the next president.

In what ways could the Federal Reserve's interest rate decisions affect the economy?