Attention Economy


Friday, July 21, 2023

Reassessing Recession Risks


The Markets Are Counting on the Fed to Solve a Tricky Puzzle
https://www.nytimes.com/2023/07/21/business/fed-inflation-recession.html
Lowering inflation to 2 percent without causing a recession and throwing people out of work would be a rare achievement. The markets are acting as if it has already happened.

Related:


My take from May 2023: