Coming Crash In Stocks To Trigger The Next Recession?
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After embracing the "no landing narrative" last year and later unleashing animal spirits after the Presidential election that drove stocks to record levels of euphoria, the national mood has turned substantially more dour.
Suddenly, the headlines are filled with fears of recession.
The post-COVID higher cost of living and the uncertainty caused by the new Administration's policies has many fearing for their household budgets, their portfolios, and their jobs.
Are things really this bad?
After all, the economy is still growing, inflation has moderated (mostly), and unemployment remains low.
When there are so many crosscurrents as there are today, it's prudent to seek the counsel of those who take. cold and calculated look at the data, to see what "is" vs what our biases may want us to see.
Which is why we're fortunate to speak with macro analyst Wolf Richter of WolfStreet.com, who will share with us what the charts he regularly compiles are telling him about the true state of today's economy & markets.
Video Length 01:06:33
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