Quote:
Originally Posted by petegz28
Is recession on the horizon?
Yield curve is flattest it has been almost a year
Fed tapering raises short term rates
Inflation is kicking into overdrive
Lack of labor is killing the supply chain
Fed is looking to raise rates in June
None of that is good. The labor shortage is driving a lot of this. The only way to fix this is to either get people off their ass and free up the clogged supply chain, i.e., increase supply or stop the demand.
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GDP projections for last quarter have been falling for a while. Yet, corp earnings the last few weeks seem to be doing well.
The shutdowns in Asia due to covid & energy in China aren't helping.