When Even The Optimisms Throw In The Towel On The Global Economy

Jeffrey P. Snider
By Jeffrey P. Snider of Eurodollar University
Chief Investment Strategist •

The World Bank has caught wind of the substantial deterioration over the last half of 2022. And these are the optimists with what is still their most optimistic take. That's how you know there's big trouble already.

Time, Time Management, Stopwatch, Industry, Economy

Image Source: Pixabay
 

The World Bank has caught wind of the substantial deterioration over the last half of 2022. It has been widespread and sustained enough for its econometric models to put too many places around the planet on the "razor's edge of recession." And these are the optimists with what is still their most optimistic take. That's how you know there's big trouble already.

Video Length: 00:18:47

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