The Black Swan Risk Now Is a US Recession
Posted on AllSides May 22nd, 2024
From The Left
A soft landing for the US economy has now become such a consensus view, it makes sense to consider the risk that something else occurs and what that means for risk assets. The data suggest the possibility of a recession is greater than commonly understood.
Last year, when everyone including me expected the US economy to lapse into a recession due to the Fed’s rapid tightening, people called it the most anticipated recession ever.
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