At least a 50-50 chance of recession within the next 2 years
Apr 2, 2022 15:52:43 GMT -5
Post by bloodbought on Apr 2, 2022 15:52:43 GMT -5
Summers: It’s at Least 50-50 that There Will be a Recession ‘Within the Next Two Years’
IAN HANCHETT
2 Apr 202250
During a portion of an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that he doesn’t see how anyone “can look at either the historical experience or what markets are predicting and not think that it’s 50-50, better than 50-50, that a recession will start some time within the next two years.”
Continued at link
IAN HANCHETT
2 Apr 202250
During a portion of an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that he doesn’t see how anyone “can look at either the historical experience or what markets are predicting and not think that it’s 50-50, better than 50-50, that a recession will start some time within the next two years.”
Continued at link