Posted on 04/06/2022 7:15:17 PM PDT by ChicagoConservative27
Deutsche Bank has said it expects the US economy to fall into a recession in late 2023 as the Federal Reserve raises interest rates sharply, becoming the first major lender to make such a prediction.
The bank's analysts, including chief US economist Matthew Luzzetti, said the Fed has historically triggered recessions when it hikes rates to deal with strong inflation.
"A mild recession will be needed to take sufficient steam out of the economy and labor market to bring inflation back down," they wrote in a major report on the global economy, released Wednesday.
(Excerpt) Read more at markets.businessinsider.com ...
Ditto that. The recession is here and it’s going to get worse with the idiot socialists ruining the country.
Took the words out of my mouth.
(late 2023)
I’ll just go ahead and predict September 2022.
IOW I think they’re off by about a year.
(I think we’re already there)
Yeah if not already, not far off the way things keep changing.
If they know what’s going to happen in the future, they should be making lots of money trading futures.
But in fact, they have had one trading disaster after another.
(historically triggered recessions)
My grandfather was one of the lucky ones.
He escaped in a balloon during the Jimmy Carter presidency.
How will they distract us from the terrible economy?
Biden and his handlers are setting the planet up for a Great Depression and Dust Bowl all at once. November can not come soon enough.
Yup
Food shortages, is my guess. To be followed govt. stepping in to distribute the food equitably.
The fed only hiked 1/4% last time. I bet they continue 1/4% rate hikes every month. Depending on what’s going on with the economy.
I doubt they get super agressive and do a 1/2% rate hike. Too many other things going on in the economy. The oil price surge will likely cause a recession even if the Fed does nothing.
And they know this.
The fed only hiked 1/4% last time. I bet they continue 1/4% rate hikes every month. Depending on what’s going on with the economy.
I doubt they get super agressive and do a 1/2% rate hike. Too many other things going on in the economy. The oil price surge will likely cause a recession even if the Fed does nothing.
And they know this.
If the spiraling crime rates don’t do it, how about a massive invasion from the south? If that doesn’t do it, WWIII will.
Deutsche Bank may want to spend a few more cycles worrying about it’s own economy powered by zero energy.
I hope that the MAGA Republican candidates that Trump is now endorsing are already working with Trump on a way to reverse the damage that desperate Democrats are allegedly trying to inflict on the economy. After all, it wouldn’t be surprising if Democrats are planning to blame the economy that they killed on the new Republican-controlled Congress in 2023 so they can keep Oval Office and win back Congress in 2024.
Corrections, insights welcome.
Patriots are reminded that they must vote twice this election year. Your first vote is to primary career RINO incumbents. Your second vote is to replace outgoing Democrats and RINOs with Trump-endorsed patriot candidates.
Again, insights welcome.
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