Coin Bureau, relaying another source: Recession will happen

The window it was checked over

NBER-based recession indicator: Federal Reserve Bank of St. Louis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

has been a hot topic since the pandemic began it wasn't until early last week that the first institution officially sounded the alarm this institution was deutsche bank which now projects the u.s economy will enter a recession sometime next year and this means a recession is on the cards for every other country too late last week a chief investment strategist at the bank of america jumped on the bandwagon and warned the bank's clients to brace for a quote recession shock these institutional warnings are consistent with the sentiment among regular retail with over 80 per cent of americans expecting the recession to begin later this year to put things into perspective there hasn't been a recession since 2008 and this has many investors and consumers nervous since there's an expectation that it's going to be much worse this time around besides stuff like consumer sentiment recession indicators the experts are watching include the yield curve which is the difference in interest rates between short-term and long-term government bonds under normal economic conditions longer-term government bonds pay higher interest rates because of the opportunity cost that comes with lending out that money

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