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A recession is almost a near certainty now, according to Alfonso Peccatiello, author of The Macro Compass.
People are just not prepared for what’s coming next, Peccatiello told David Lin, Anchor for Kitco News.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
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Visit The Macro Compass Newsletter: https://themacrocompass.substack.com/
0:00 – Recession concerns
5:25 – Recession indicators
9:00 – Labor market
14:30 – How severe is the next recession?
17:20 – This recession is similar to the 1980s
19:35 – Will Fed succeed in fighting inflation today?
21:14 – Recession or inflation?
23:55 – When to invest again
26:35 – Asset allocation
29:20 – Gold
30:30 – Bitcoin
#recession #economy #inflation
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