Across the economy, the outlook is for slower growth. Slower growth in demand, in employment, in profits and in inflation. Recession is by no means certain. However, a slow-growing economy is rather like a slow-moving bicycle – the slower its moves, the easier it is to topple it over. And so, in the spring of 2023, there is a significant risk of recessio ... Show More
Aug 2019
Why Les Nanberg expects a recession before this year ends
Les Nanberg of Cornerstone Wealth Management in Boston said he sees big slowdowns in economic activity around the world, including the United States, and ntoed that itnerest rate cuts will not do much to stem weakness, especially with a trade war making growth and recovery more d ... Show More
59m 38s
Jul 2023
S&P's Gruenwald: There must be 'a landing, 'there will be a slowdown'
Paul Gruenwald, chief economist for S&P Global Ratings, says that the economy must land but the question is 'Can it land in a reasonably smooth way or do we have a sharp correction downward' that triggers a recession. Gruenwald says the Federal Reserve has been surprising the mar ... Show More
59m 47s