Recession Is the New Expansion in Parts of the World: Jack Ablin

The video discusses the repo crisis, highlighting a lack of overnight dollars due to expectations of Federal Reserve rate cuts. It explores the transition from Quantitative Easing (QE) to Quantitative Tightening (QT) and its potential market disruptions, particularly affecting zombie companies. The discussion extends to global economic implications, noting negative potential GDP growth in Japan and the concept of recession as the new expansion in developed countries.

What factors are contributing to the current repo crisis?

How has the Federal Reserve's actions influenced the market?

What is meant by 'zombie companies' in the context of this discussion?

How does the potential GDP growth in Japan compare to that of the US?

What implications does the current economic environment have for the investment community?