From CNN Business: Deutsche Bank is the first big bank to forecast a US recession

Jaybird

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2 Responses

  1. Philip H says:

    This isn’t really a surprise – even the Fed has said a lot over the last six months that they were worried about the timing and intensity of intervening driving the recovery into the ground.Report

    • Jaybird in reply to Philip H says:

      Well, the thing that we all knew was coming has officially become something that even the banks acknowledge.

      I’m just hoping for a small corrective “wringing out the rot” recession rather than something that deserves an adjective that will be helpful for distinguishing it from The Great Recession and The Great Resignation.Report