Promised Recession… So Where Is It? Authored by Lance Roberts via RealInvestmentAdvice.com, Over the past three years, the economic conversation has been a “promised recession.” If you read the headlines, tracked economist surveys, or even listened to Wall Street strategists, you would have assumed a downturn was imminent. Many investors, bloggers, and YouTubers have had a “parade of horribles” promising a recession is just on the horizon.The logic was simple enough. The Federal Reserve aggressively hiked rates from near zero, inflation spiked to four-decade highs, the yield curve inverted for the longest stretch on record, manufacturing surveys collapsed, and stocks entered a bear market in… — Continue at ZeroHedge News : Read More
