Economy Is Weaker Than People Think: We’ll See A Recession Next Year

Drama around the government shutdown risk this week is largely being ignored, notes Hilary Kramer. She discusses how a potential government shutdown would affect the markets. She looks at how stocks are lower ahead of this week’s inflation data. She highlights that 10-year treasury trades like a volatile hot new growth stock as hedge funds apply leverage. She mentions that she sees a recession next year and that the economy is weaker than people think. She then goes over the stock outlook for the remainder of 2023. Tune in to find out more about the stock market today.