Debate: “Will the US Have a Deep Recession?”
Featuring: Victoria Vogel, CFA, Senior Vice President and Product Specialist for Fixed Income at Trust Company of the West (TCW).
Simply stated, interest rates have increased 5.25% over the last 20 months which will place pressures on the consumer and business alike. Savings rates are at multi-decade highs as are credit card delinquencies with job growth and wages further diminishing. Learn more about some of the negative characteristics in the markets today that may spell a deeper recession than the street is expecting.
It is worth listening to this podcast AND the prior podcast where we spoke about whether the US would have a MILD recession in order to better appreciate some of the nuances driving the market.
In this podcast, our host, Joe Halpern, CIO of Fountainhead Asset Management has a wide ranging conversation with Victoria Vogel on the positives and negatives of today’s economy and what that may mean for a potential recession down the road.
Topics include:
- State of the economy
- Jobs and wages
- Balance sheet of consumers and corporations
—IMPORTANT DISCLOSURE: Fountainhead sponsors the podcast to further education and critical thinking about the factors that effect markets and investing, and the podcast does not provide investment advice. Investment advice is offered only to clients of Fountainhead who have entered into an advisory agreement and with whom Fountainhead has identified individual objectives, risk tolerance, and other investment needs.
