We are Going into an Outright Recession
By Investment Watch Blog
“It means we are going into an outright #recession. A national haircut to GDP, rising unemployment, asset deflation, & looming debt defaults. This is the theme for 2023 & typical for the year that follows #Fed tightening cycle.” @EconguyRosie @JohnFMauldin https://t.co/kpUGJdDL6g pic.twitter.com/Hkw7qjvu4V
— Vance Ginn, Ph.D. (@VanceGinn) January 14, 2023
But this might last until a spike in unemployment pops it, like 2007-08 and 2020. pic.twitter.com/K8F057TAk6
— Steve (@ssinvestments8) January 15, 2023
https://t.co/6M4s5o4jU5#bank #Recession #USA
Big banks including JPMorgan, Wells Fargo, Citigroup, and Bank of America all reported quarterly results on Friday. These firms collectively sent a clear messa…— soulinger (@Soulingerr) January 14, 2023
Elon Musk has said: I think 2023 is going to be quite a serious recession. It's going to be, in my opinion, comparable to 2009.
— unusual_whales (@unusual_whales) January 15, 2023
Note from the BFM podcast: Industrial #metals prices are expected to drop as a result of the slower #China opening and #recession expectations around the world.
Listen to the full episode: https://t.co/RXgR3dpeRG pic.twitter.com/LxLWZMebZF
— Complete Intelligence (@complete_intel) January 14, 2023
The global growth forecast is cut by almost half. This is the third weakest annual expansion in three decades. https://t.co/CKmNbeCU4J #Recession
— Voz Media (@VozMediaUSA) January 14, 2023
Global growth in 2023 expected to slump 95% in advanced economies & nearly 70% in EMDEs If global economy tips into #recession it will be first time in 80 years that we’ve seen 2 global recessions within same decade https://t.co/kyBdKP4uOj via @WorldBank pic.twitter.com/mRb3tuFbVx
— geopsychiatry (@geopsychiatry) January 14, 2023
As #Britain heads towards what could be its deepest and longest #recession since the Second World War, the result is that there is no coherent political conversation on how best to avert it.
The #economy is lurching from the sunny…https://t.co/Qcy7ZWkYuP https://t.co/O47cz81KDQ— Dan Johnson | UK Lawyer | 🔶🏴🇬🇧🇪🇺 (@DanRJohnson) January 14, 2023