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Not all recessions are the same. Here’s what could happen to the US economy and markets
Economists, CEOs, Wall Street and Main Street are sounding the recession alarm bell. Most agree a recession could start to take shape in the United States over the next few months. The question is what shape that recession will take. Recessions and recoveries come in shapes and sizes as varied as the alphabet. Perhaps that’s why economists have come to name different kinds of economic downturns after letters. But predicting which letter will match the situation isn’t quite as easy as ABC. This looming recession is particularly complicated. “Whether it’s Covid in Asia or what’s going on in Ukraine or ... (full story)