Debate: "Will the US Have a Deep Recession?"
Featuring: Victoria Vogel, CFA, Senior Vice President and Product Specialist for Fixed Income at Trust Company of the West (TCW).
Simply stated, interest rates have increased 5.25% over the last 20 months which will place pressures on the consumer and business alike. Savings rates are at multi-decade highs as are credit card delinquencies with job growth and wages further diminishing. Learn more about some of the negative characteristics in the markets today that may spell a deeper recession than the street is expecting.
It is worth listening to this podcast AND the prior podcast where we spoke about whether the US would have a MILD recession in order to better appreciate some of the nuances driving the market.
In this podcast, our host, Joe Halpern, CIO of Fountainhead Asset Management has a wide ranging conversation with Victoria Vogel on the positives and negatives of today’s economy and what that may mean for a potential recession down the road.
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