The United States is likely heading into a recession in 2023. While there are plenty of academic arguments that we already went into a recession in 2022 based on two consecutive quarters of negative GDP, there is also the counterpoint of the unemployment rate staying low so far. The #Fed is continuing its battle of combatting #inflation, despite the fact that the #economy is slowing down. The inversion of the yield curve, coupled with the #Fed’s battle with #inflation, is likely sending the United States into a recession sooner rather than later. In this video we talk about all of these indicators, and how it could affect the #stock market.
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Disclaimer: The information presented within this video is NOT financial advice.