Sri Kumar, President at Sri-Kumar Global Strategies, joins Bloomberg Radio to preview the FOMC meeting and gives his outlook for the economy
——–
Get more on The Tape Podcast
On Apple:
On Spotify:
Anywhere: …(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
With the global economy in a state of uncertainty and volatility, the question of whether a recession is imminent has been at the forefront of many discussions. As experts and analysts weigh in on the potential impacts of various economic indicators, one renowned economist, Sri Kumar, has offered insights into the current state of the global economy.
Sri Kumar, the founder and president of Sri-Kumar Global Strategies, has been closely monitoring the economic landscape and has made some significant observations about the potential for a recession. According to Kumar, while the global economy has thus far managed to delay a recession, it has not been denied.
Kumar’s assessment takes into account the various factors that could potentially trigger a recession, including trade tensions, geopolitical uncertainties, and slowing global growth. He has pointed out that while central banks around the world have taken measures to stimulate economic activity and stave off a recession, the underlying vulnerabilities in the global economy still pose a significant risk.
One key issue highlighted by Kumar is the impact of the US-China trade war on the global economy. The ongoing tariff disputes and the resulting trade tensions have created a ripple effect across the global supply chain, leading to uncertainty and sluggish growth. Kumar has emphasized the need for a resolution to the trade war in order to mitigate the negative impact on the global economy.
In addition to trade tensions, Kumar has also highlighted the geopolitical uncertainties in regions such as the Middle East, which have the potential to disrupt oil markets and create volatility in the financial markets. Moreover, the slowing growth in major economies such as China and Europe has raised concerns about the potential spillover effects on the global economy.
Despite the mounting concerns, Kumar has pointed out that there are some positive developments in the global economy, such as the potential for a resolution to the US-China trade war and the prospect of further monetary stimulus by central banks. However, he has cautioned that these measures may only offer temporary relief and may not address the underlying structural issues that could lead to a recession.
As Sri Kumar continues to closely monitor the ever-changing economic landscape, his insights offer valuable perspectives on the state of the global economy. While the possibility of a recession has been delayed, it is clear that the underlying vulnerabilities and uncertainties persist. As policymakers and market participants navigate these challenges, the wisdom and observations of experts like Sri Kumar will undoubtedly prove invaluable in understanding and preparing for the potential impacts of a global recession.
This country lends money to itself 🙂 the funniest and weirdest you could think of.
The little girl covering the podcast is not a likable option for any camera solution. There seems to be an undercurrent of haughtyness. I suppose that Bloomberg likes to hire these types. There is other acceptable competitors that can bring the same news with ease. The little girl is a turnoff. Sincerely – Shoshana Shasta Kennedy
labor market strong why!
answer:
everyone I know that had one job and hardly making it before Biden now has 2-3 jobs and loosing everything. massive housing market crash soon as they all fail on there mortgages or get there property stolen from failure to pay property taxs.
it's criminal
This man has some giant ears
Amazing insight!
Want komal more frequently. He makes a ton of sense.
Can we agree that Bloomberg wants people to stay in these markets? Why ?
"The Great Christmas Crash of 2023"!!…….Black Friday Sales are going to $uck!
You people have no idea how democrats and mmt/Argentina policies literally drove up inflation and would have ushered in a massive global recession. Stupid oligarchs at WEF, and others who advocated inflating our way into prosperity without considering the lasting damage done to 80% of people in lower and middle class.
Fed wrung out the excesses and slowed inflation. Thereby delaying the inevitable recession that would have come. But now at least has room to cut rates. Which will improve sentiment.
The recession won't be as bad and would have came sooner had Fed not acted. Companies are better prepared to manage costs and the job losses that would have been spectacular is now manageable.
Wages caught up with inflation a bit. But many are poorer and have to work multiple jobs.
I really question who the hell is coming up with these fiscal policies around the globe. And who exactly does it benefit. Because when i see democrats and leftists in government. All i see is incompetence and greed.
Fed saved the world from becoming Argentina.
Yes inflation is transitory now. As all the savings and stimulus have been spent from lower and middle class. So take a much undeserved victory lap mmt transitory inflation economists. Inflation is now transitory.
Spot on.
Somebody put makeup on this lady Molly.
Did he say unemployment will surge in the next 2 to 3 months? That’s a huge statement and yet immediately they changed topics.
Finally someone makes sense!