Episode Details
Back to Episodes
Holy Sh*t! The Fed Just Admitted We Are In A Recession
Description
#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #income #fed #federalreserve
Recent Federal Reserve report claims at least half the country is already in recession, while another substantial portion likely is. Not only does that match softening rhetoric from policymakers, obviously there's been a radical change in markets, too.
Eurodollar University's weekly conversation w/Steve Van Metre
Federal Reserve Beige Book November 29, 2023
https://www.federalreserve.gov/monetarypolicy/files/BeigeBook_20231129.pdf
ISM for November 2023
https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/pmi/november/
CNBC: Black Friday weekend shopping turnout soars to a record, as consumers seek bargains
https://www.cnbc.com/2023/11/28/black-friday-weekend-shopping-turnout-soars-to-a-record.html
Twitter: https://twitter.com/JeffSnider_EDU
https://www.eurodollar.university
RealClearMarkets Essays: https://bit.ly/38tL5a7