The Conference Board forecasts that economic weakness will intensify and spread more broadly throughout the US economy in the second half of 2022, and expects a recession to begin before the end of the year. This outlook is associated with persistent inflation and rising hawkishness by the Federal Reserve. We forecast that 2022 Real GDP growth will come in at 1.3 percent year-over-year and that 2023 growth will slow to 0.2 percent year-over-year.
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John Smith - An Author, Podcaster, and a Financial Consultant. John Smith was born in Nashville and raised in Oklahoma City and Dallas. He is a Vietnam Veteran and after returning to the U.S., he was the honor graduate of his Army Drill Sergeant School. Obtaining an early release to attend college, he graduated Magna Cum Laude with a BBA in Accounting. He became a CPA and spent five years in public accounting before entering the world of real estate, construction, and banking. He is an author of Embracing the Abyss: a true story of unknowingly becoming part of a fraud scandal, receiving a presidential pardon, and being surprised by a spiritual awakening.
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