Next recession: David Rosenberg says odds are at 80%, damage is done - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Famed economist David Rosenberg explains why he puts the odds of a recession at 80%. He says the Fed is squarely to blame.

It loosely translates to "the bets are made," and it's a gambling reference to when the roulette wheel is spinning.

He was referring to the Fed's nine interest-rate hikes between 2015 and 2018, implemented to normalize policy after years of emergency measures spurred by the Great Recession. "What if I told you that historically, when the Fed engaged in a 400 basis point-plus tightening cycle, the odds of recession in the next 12 to 24 months was 80%," Rosenberg said.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

What’s famous about somebody who has been wrong more than a few times?

$1.75 trillion US currency in circulation. The richest 400 Americans have $2.6 trillion. Ok, Im confused. How much cash does the 330,000,000 plus hard working US citizens have in their bank accounts then? What if no one wanted a private entity bank account, which isnt required?

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 729. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Airstream CEO reveals what's next for the iconic American company - Business InsiderThe CEO of American icon Airstream explains why the company decided to stay in Ohio and how it decided to build a new factory for 21st-century growth Please do a 4 sleeper travel van!!!!
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »