Economy Likely Headed to Recession, Brean's Ryding Warns

Economy Likely Headed to Recession, Brean's Ryding Warns

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Business

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The video discusses the potential for interest rates to reach 6% if inflation remains high, as suggested by Jamie Diamond of JP Morgan. It explores the likelihood of a recession due to past Fed policies and the challenges of achieving price stability without economic downturns. The video also examines the no landing scenario, recent GDP data, and the bond market's signals, particularly the inverted yield curve, which has historically predicted recessions accurately.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker think about the 'no landing' scenario?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What signals in the bond market does the speaker refer to regarding recessions?

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