#yahoofinance #recession #jeromepowell #inflation #interestrates
Many investors expect the Federal Reserve to raise interest rates in July, with some economists arguing the Fed’s rate hikes will send the U.S. into a recession. But Morgan Stanley Chief Global Economist Seth Carpenter says a soft landing for the U.S. economy is still in the cards and that a recession is avoidable. Carpenter explains his call in an interview with Yahoo Finance Live.
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Remember everyone. Retail investors are going to have to start paying student loans again this fall.
Neither in Canada the economy is like a freight train
I think if we hit 50% unemployment tomorrow some experts would say no chance of a recession
Delusional. Impact of rate increases hasn’t shown on indicators. It is not really about how much rates will go up, the pain comes with prolong higher rates. There is less money out there to pay debt. Mortgage debt, student loan, credit card debt, auto debt. How will the consumer lead us out of recession. Sorry my bet is there will be a crash when people hit their credit card limits. Its game over. Credit limit is maxed.
Great job Joe Biden!
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Is Morgan Stanley still holding strong on the prediction that SP500 goes to 3900 by December 2023?
it could still happen
We BEEN in recession since last summer!
This guy doesn’t know anything. No recession?! He has no idea, just trying to stay relevant.
Let’s go Brandon
so he does not hold same view as his colleague mike wilson