Don't think the leader of this financial institution knows the general definition of a recession. It's negative growth in GDP two quarters in a row. We just had 1, so we're literally 1 quarter away.
Not soon, though...
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Maybe, but any time (real) inflation is 10%+ but your economy isn't growing you've got problems. Already at negative growth this Q, next quarter it will probably be official.
Just FYI, economists have predicted 9 out of the last 3 recessions.
Oh yeah - Charlie is who I take my investing advice from 🙄.
2023, it is.