The easy answer is almost certainly “yes.” The more challenging question: Does a recession call rise to the level of a high-confidence forecast? No, not yet. For now, and probably for the immediate future, a high level of uncertainty will continue to keep the crowd guessing.
Daily Archives: March 22, 2022
Macro Briefing: 22 March 2022
* European Union support is rising for banning Russian oil
* Intelligence indicates growing Russian cyber threat to US, Biden says
* Fed will raise rates more aggressively if needed, says Fed’s Powell
* Powell’s comments on tackling inflation are wake-up call for Wall Street
* Fed’s Powell says short-Term yield curve is better recession risk predictor
* US housing market set for ‘substantial downshift in activity,’ economist predicts
* US economic growth remained solid in February, via Chicago Fed index:
