bearish

Biden's Legislative Wins Provide a Boost to Growth, but Recession Still Inevitable

Prasenjit has highlighted this Insight as a Top Pick
193 Views31 Aug 2022 17:50
RGDP growth of 2%YoY in H1CY22 & 53yr low of 3.5% unemployment affirm the US isn't in recession. But Fed Funds will reach 3.5% by end-year, inevitably leading to recession by Q1CY24. Fisc is neutral.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 7-minute read)
Discussions
(Paid Plans Only)
chart-bar
x