Investors are 'sleepwalking' into market turmoil, recession: Hanke

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Business News News

Investors are 'sleepwalking' into market turmoil and a recession early next year, top economist Steve Hanke warns

and risk being blindsided by an economic slump early next year, Steve Hanke has warned.

"The soft-landing folks say, 'Oh, see, the labor market's still strong, the stock market's still strong, the economy seems to be running okay now, and inflation's coming down, we're going to have a soft landing,'" he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines