Citi is calling for a 'growth recession' meaning GDP is growing at a rate of 1.99999999999999% or less -
Bloomberg says poppycock and all is well.....
CNBC says head for the hills....the end of civilization is upon us
So should we manage to talk ourselves into a recession (or if the oil markets drive us there) - what tools does the Fed have left to lessen the blow?
IMO the real driver of any potential recession will come from the energy sector. If oil prices stay low, we can expect lay-offs, and that's going to hurt.
Bloomberg says poppycock and all is well.....
CNBC says head for the hills....the end of civilization is upon us
So should we manage to talk ourselves into a recession (or if the oil markets drive us there) - what tools does the Fed have left to lessen the blow?
IMO the real driver of any potential recession will come from the energy sector. If oil prices stay low, we can expect lay-offs, and that's going to hurt.