Description

The economy of 2022 was a jumble of unpredictable growth, extremely high inflation, and worries that a sharp slowdown may send a nation into a recession. However, there are still a lot of unanswered uncertainties, and analysts predict that 2023 will bring even more uncertainty. Could we be facing a big problem this year?

Join us on this episode as Kyle and J Scott discuss analytics and consensus on what will happen in the real estate economy, and if there will be an economic recession in 2023. If you are also guessing what the economy is gonna be, then this podcast is for you.

In this episode, here are the topics and predictions we covered:

• Timing, severity, and duration of an upcoming economic recession
• Unemployment rates around the world
• Changes in the federal fund rates
• The anticipated decline in economic growth
• Possibility of deflation in 2023
• Impact of recession on stock market
• Gas prices and consumables in 2023
• Residential mortgage rates 

Subscribe and tune in to this podcast. Look forward to Part 2 of Market Predictions.

Resources

• J Scott on Linkedin
• J Scott’s website
• J Scott on Facebook