Is a recession about to unfold, crushing stocks?
The calls for a recession are growing by the week. However, for those focused on making money from the markets, it's important to note that things are in fact different this time: the pandemic and subsequent monetary/fiscal interventions have badly warped the economic data in the U.S.
As a result of this, a number of metrics that have previously predicted recessions might in fact be WRONG this time around. This week we delve into the data in the U.S., what it's likely to state in the coming weeks, and what that means for your portfolios.
Thanks for listening! Follow us on Twitter and Instagram.
Is a recession about to unfold, crushing stocks?
The calls for a recession are growing by the week. However, for those focused on making money from the markets, it's important to note that things are in fact different this time: the pandemic and subsequent monetary/fiscal interventions have badly warped the economic data in the U.S.
As a result of this, a number of metrics that have previously predicted recessions might in fact be WRONG this time around. This week we delve into the data in the U.S., what it's likely to state in the coming weeks, and what that means for your portfolios.
Thanks for listening! Follow us on Twitter and Instagram.