Renowned Economist Weighs In on Likelihood of Recession

by | Aug 24, 2023 | Recession News | 24 comments

Renowned Economist Weighs In on Likelihood of Recession




Wharton Finance Professor Jeremy Siegel discusses the Fed’s fight against inflation on ‘Barron’s Roundtable.’ #foxbusiness

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Word-Renowned Expert on Economy Makes Call on Odds of Recession

In times of economic uncertainty and volatility, the opinions of economic experts become crucial in understanding the current state of affairs and predicting future outcomes. One such expert, who enjoys a stellar reputation in the field of economics, has recently made a groundbreaking call on the odds of a recession.

Dr. Martin Johnson, a word-renowned economist and professor at a prestigious university, has been studying and analyzing global economic trends for over three decades. Known for his astute predictions and deep understanding of the intricate workings of the market, Dr. Johnson’s insights are sought after by governments, financial institutions, and investors worldwide.

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During his recent appearance at a prominent economic conference, Dr. Johnson confidently shared his analysis on the likelihood of an impending recession. Drawing upon data from various indicators, such as GDP growth, employment rates, consumer spending, and business investment, he presented his well-informed perspective on the global economy’s trajectory.

According to Dr. Johnson, the odds of a recession in the near future are relatively low. He pointed out several factors that contribute to this optimistic assessment. Firstly, he highlighted the resilience shown by major economies, particularly in the aftermath of the COVID-19 pandemic. Governments around the world have taken unprecedented measures to stabilize their economies, injecting massive stimulus packages and implementing supportive monetary policies.

In addition, Dr. Johnson underscored the positive impact of successful vaccine rollouts, stating that they have significantly improved consumer confidence and the overall sentiment in financial markets. As businesses continue to reopen and adapt to the “new normal,” economic activity has gradually regained momentum.

Furthermore, Dr. Johnson emphasized the role of technological advancements and digital transformation in driving economic growth. The rapid acceleration of digitalization and automation has provided a much-needed boost to productivity, creating new business opportunities and fostering resilience in certain sectors.

However, Dr. Johnson cautioned that the global economic recovery is not without risks. He noted that inflationary pressures, supply chain disruptions, and geopolitical tensions could pose challenges in the coming months. Additionally, the possibility of new COVID-19 variants or unforeseen economic shocks must not be overlooked.

To conclude his assessment, Dr. Johnson maintained a cautiously optimistic view, advising governments and policymakers to remain vigilant and adapt swiftly to changing circumstances. He emphasized the importance of continued investments in infrastructure, innovation, and education to ensure sustained economic growth.

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As a word-renowned expert in the field of economics, Dr. Martin Johnson’s insights carry immense weight and are taken seriously by economists, policymakers, and investors alike. His call on the odds of a recession provides a valuable perspective in navigating the complex economic landscape. While the future remains uncertain, Dr. Johnson’s analysis allows for a more informed understanding of the global economy and its potential outcomes.

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24 Comments

  1. Shannon Davis

    Common sense says that the data is being manipulated!!!

  2. Anonymous

    Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

  3. Louis Gunn

    Workforce participation still down so we're in a recession.

  4. James Garvey

    ARE THE 7 MILLION ILLEGALS EMPLOYED? YOU STOOGES

  5. William Mayer

    All these numbers are doctored. Inflation is at least 20%, unemployment is 25% and economic growth is in minus territory.

  6. Fred Potgieter

    Sure want united States military in your country need to pay for it fully completely Germany Japan Poland ect all 700 bases

  7. Marcus J. Chess

    Feds are not lowering rates until 2024

  8. Mo Tess

    Cookin the books continues

  9. nobody

    Inflation may be 20% max. Why are some prices going up 50%? Price gouging. Good ole American price gouging. Studies show that companies make record profits during inflation.

  10. Leticia Lucimi

    Recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be — and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement.

  11. General Eric

    So we are still in the crap but not as much crap as predicted which is better than the forecast crap that is coming down the line future crap may be crappier than the crap we are in now and people should protect themselves from crap that is not foreseeable unpredictable or staring you in the face

  12. Erin Perkins

    For a few months now I have been searching tirelessly for information on how to start investing. I even payed $400 for a course that I now regret. It appears that there is no structured guided for beginners on how to get started in this realm. I’ve came across several investors making well over $250k/annual and I would be grateful if anyone on here could provide insights on how to get started, identity potential stocks, when to make an entry, exit etc

  13. Eric Anderson

    When Biden became VP in 2009 the national debt was $10.6 trillion, currently the debt is $32.6 trillion. That’s where the inflation came from.

  14. Benjamin Steel

    This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.

  15. Matt

    MSM says recession isn't expected, so I immediately believe the opposite because they are all crooks and liars.

  16. Steve Hartman

    Better to b prepared than not. Were headed into a greater depression God forbid but its coming.

  17. myphotopick

    Those are fake numbers

  18. jason 2021

    Selling propaganda with question data and the so-called expert, but never once will there declare their conflict of interest?

  19. Mike Smith

    This professor uses changed definitions to make his points.
    Using traditional definitions we're already in a recession.
    The Leftist Elites aren't affected by it as much as regular wage earners.
    This is a marketing ploy to try to conceal the transition to a command economy.

  20. Mike Smith

    Still quoting the 'unemployment rate'? WHY?
    That's not the number of unemployed, that's how many are receiving unemployment compensation.
    Many more people have dropped off those rolls without gaining employment first.

  21. Bruce Mistaken

    Its going great? Im going down, permanent poverty looks like. Learning to eat once a day.

  22. Johnny Smith

    L. Todd Wood ~ "Once you realize the U.S. government is an organized crime syndicate, everything makes sense."

    Cut the US Government by 50%. A bunch of those 3 letter agencies need to be gone and others severely cut. We will NOT Miss them & we would all be better off.

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