With everything happening in our economy, is a recession coming?
Right now, there seems to be one question on everyone’s mind: “Are we heading for a recession?” People are concerned about inflation, rising interest rates, and global conflict, and it’s hard to blame them. Today I want to discuss the state of our market and predict whether or not we’re heading for a recession.
You can watch my full prediction in the video above, or skip to each topic using the timestamps provided:
0:00 — Introduction
1:02 — Explaining interest rates and inverted yield curves
2:05 — Our yield curve inverted recently, and people became concerned
3:48 — The three-month yield curve is not inverted
4:50 — Don’t get caught up in the negativity
5:16 — If we do have a recession, it will be mild
6:03 — The unemployment rate is low, and savings are high
8:03 — Wrapping things up
If you have questions about today’s topic, please call or email me. I am always willing to help.