Recession! Recession? The war between Russia and Ukraine, rising trade tensions between the east and west, rampant inflation, and the wrecking ball of the US dollar are all front and centre in investors' minds. Are we in a recession or heading for one, and what to look out for over the next 12 months?
Oct 30, 2022·edited Oct 30, 2022Liked by Glenn Paradis CFA, CAIA
What is the administration going to do this winter when there is limited and expensive home heating oil and gas due to limiting America's production, limited and increasingly expensive food supplies due to Russian grain export blockage, increasingly expensive rentals, decreasing home sales due to high mortgage rates and increased crime? Walking away from questions at a rare news conference or crackling while giving an unrelated answer is the usual answer.
What is the administration going to do this winter when there is limited and expensive home heating oil and gas due to limiting America's production, limited and increasingly expensive food supplies due to Russian grain export blockage, increasingly expensive rentals, decreasing home sales due to high mortgage rates and increased crime? Walking away from questions at a rare news conference or crackling while giving an unrelated answer is the usual answer.