A recession is nearly a close to certainty currently, according to Alfonso Peccatiello, author of The Macro Compass.
People are just not gotten ready for what's following, Peccatiello informed David Lin, Support for Kitco Information.
Follow David Lin on Twitter: @davidlin_TV ()
Follow Kitco News on Twitter: @KitcoNewsNOW ()
Comply With Alfonso Peccatiello: @MacroAlf ()
See The Macro Compass Newsletter:
0:00 – Economic crisis problems
5:25 – Recession indications
9:00 – Labor market
14:30 – How severe is the following economic downturn?
17:20 – This economic downturn resembles the 1980s
19:35 – Will Fed prosper in dealing with rising cost of living today?
21:14 – Recession or rising cost of living?
23:55 – When to spend again
26:35 – Asset allotment
29:20 – Gold
30:30 – Bitcoin
#recession #economy #inflation
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