Posted on 04/13/2023 3:54:51 AM PDT by RomanSoldier19
"...
Markets do not seem to have priced in a potential U.S. recession, despite forecasts that one is on the horizon, according to Alex Wolf, managing director of JPMorgan Private Bank and head of its investment strategy for Asia.
Speaking to CNBC’s “Squawk Box Asia,” Wolf explained that while there has been a “long standing call” for a U.S. recession in the second half of 2023, the recent turmoil in the banking sector has “somewhat pulled forward our forecasts.”..."
(Excerpt) Read more at cnbc.com ...
The "Recession Risk" was triggered when a brain damaged, half wit, pedophile stole the election and installed his socialist regime and policies, which then brought on the banking crisis.
***Asia markets mostly fall as Fed warns of recession risk triggered by banking crisis***
Don’t you just love it? The “Fed” manufactures trillions of dollars out of thin air (inflating the currency) and then blame the “banking crisis” for their insane policies!
This guy wouldn’t be trying to scare more nations into the
BRICS direction would he?
I’m watching our leaders to see how they play this.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.