Hey Guys,
At this very moment, the Fed is in a meeting where they will decide on the Fed's fund rate. This is really important because the interest rate that is set will determine how much it costs to borrow in the country.
This is also particularly relevant right now as last week we had news that the US unexpectedly had a decline in Q1 GDP. While some seem to think that this was much ado about nothing, there are several things that we should be watching out for that could indeed throw the world into a global recession.
In my video today, I take a deep dive into the “R” question. Could the world realistically be heading to a recession and what are the main factors that we should be looking out for?
I break down the components of the GDP and explain what impacts each of them. I then take a look at some of the most important factors that could be driving these components to both the up and down side.
This was a super interesting video to do, so I hope that you guys enjoy it!
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⛓️ 🔗 Useful Links 🔗 ⛓️
GDP Concerns Overblown: https://www.bloomberg.com/news/articl…
GDP Calculation: https://www.investopedia.com/terms/g/…
FT Article on Europe: https://www.ft.com/content/e82b11a1-c…
Supply Chains China: https://www.bloomberg.com/news/featur…
Rogoff Op-ed: https://www.theguardian.com/business/…
Dudley Op-ed: https://www.bloomberg.com/opinion/art…
IMF Europe Concerns: https://www.imf.org/en/Publications/W…
Survey of Investors: https://fortune.com/2022/04/04/ukrain…
American Consumers: https://www.cnbc.com/2022/04/05/most-…
DB Recession: https://www.cnn.com/2022/04/26/econom…
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
