Economist Diane Swonk Predicts U.S. Growth Recession in 2020

The video discusses the implications of a 3.5% unemployment rate in 2019-2020 without causing inflation, noting the lack of wage acceleration. It compares current unemployment rates to those in 1969, highlighting differences in labor force participation. The discussion covers the Federal Reserve's acknowledgment of retirements affecting unemployment and the potential for a growth recession in 2020 due to rate hikes. The video also examines the impact of a strong dollar on global markets and the potential effects of tariffs, with a focus on the ECB's bond purchasing strategies.

What is the significance of the Fed's announcements regarding rate hikes and their impact on the economy?

What are the potential effects of a strong dollar on emerging markets?