Coin Bureau: 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

that housing prices will stay high based on our admittedly amateur understanding of the US housing market it's one of the markets least likely to see a downturn due to higher interest rates that's simply because most us homeowners have locked in a fixed interest rate for 30 years 70% to be exact another 10% have locked in for 15 years specifics aside the authors note that the combination of declining inflation and strong economic growth is increasing expectations of a soft Landing AKA no recession because of high interest rates if history is any indication however it's not a question of if but when we'll see a recession the authors of this report seem to agree and conclude with a sobering Insight quote potential challenges in the year's concluding months include the ongoing United Auto Workers strike resumption of student loan repayments heightened energy costs and persistently High interest rates you can add a potential regional conflict in the Middle East to that list more about that in the description now in the final part of the report the authors go over a few key crypto headlines which you've probably heard by now recall that this report was published in the first week of October

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.