Said on Jul 5, 2022, at 14:08 in the video.
“okay so there seems to be a reasonable likelihood that we could have a second negative quarter of gdp growth thereby implying a technical recession”How this call was recorded (its subject, its direction or a figure) is being checked again, because the words may not say what was first recorded. It is not scored until a person has reviewed it.
Real GDP: U.S. Bureau of Economic Analysis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.
How this call was recorded (its subject, its direction or a figure) is being checked again, because the words may not say what was first recorded. It is not scored until a person has reviewed it.
impact that the rising mortgage payments could have on disposable income after paying bills there's less money to spend on other goods and services this could become particularly acute for those people who took out adjustable rate mortgages anytime over the past five years interest rates are already the highest they've been for years and when these adjustable rate mortgages start to adjust up they're going to seriously increase mortgage servicing costs for said borrowers yet again this implies less income after paying bills okay so there seems to be a reasonable likelihood that we could have a second negative quarter of gdp growth thereby implying a technical recession but even if the business cycle wonks decide not to label it a recession or even if we are able to eke out minuscule growth of some kind dark economic clouds are gathering on the horizon this is because of one thing only and that's fed policy it seems as if the goal of achieving a soft landing will be as elusive as a bitcoin etf and the fed has decided that trying to strike a balance between growth and lower inflation is going to be too tough to pull off after reaching the highest cpi inflation since 1981 the fed has decided
What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.
Coin Bureaua call under review
“it remains to be seen how Japan's retail investors will behave throughout the rest of the decade but with the economy falling into a technical recession after two quarters”
Mar 17, 2024
Coin Bureaua call under review
“what that shows is that based on statistical models we could indeed be heading for a technical recession”
Jul 5, 2022