HomeMarketsU.S. Economy & JobsThe Recession Is Coming, But Minimal Damage To The Labor Market
The Recession Is Coming, But Minimal Damage To The Labor Market

We continue to forecast a recession in the U.S. in the short-term, says Dana Peterson. She discusses the takeaways from today's PPI report. She talks about how a recession will be caused by the Fed raising the Fed funds rate to about 5% by March. She notes that 98% of CEOs expect a recession within 12-18 months. She then goes over how households are more concerned about business conditions, employment prospects, and future personal finances. Finally, she mentions that she still anticipates minimal damage to the labor market. Tune in to find out more about the stock market today.

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