It’s the question on the minds of every investor these days, but we may need to look at it a couple of ways. First, based on how the economy contracted in Q1 2022, are we on an immediate path toward recession occurring in the next few months? And second, will today’s rising interest rates and rising inflation combine to eventually drive us into recession by the end of 2023? In a new “Market Pulse,” Tom Wald, CIO of Transamerica Asset Management, Inc., takes on each question, offering his insight and explaining what investors need to remember during these challenging times.
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