Recession Will Hit in 2022, Not 2023!
Recession Will Hit in 2022, Not 2023!
Blake Morrow sits down with Eric Basmajian from EPC research to discuss the markets and how the Fed’s actions have hit the current economic environment.
Eric believes that a recession is more than likely a 2022 story, not a 2023 story.
Eric discusses his 4 corners of economy and how they have changed in recent months following the Fed’s shift in monetary policy. Eric thinks that the second wave of the economic downturn will be felt when earnings revisions start to come down. Eric talks about what it would take to avoid a recession, and at this point seems almost unavoidable.
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