Tag: recession

(12 April 2023) The Fed has finally admitted what many analysts have been saying for months: a recession later this year is inevitable.  While the Fed chose to blame the banking crisis for the imminent slowdown, the deeply inverted yield curve has been signaling a coming recession since last year.  Stocks reversed lower on today's release of the Fed minutes, despite an encouraging inflation report that showed the CPI had moderated to 5% on an annual basis, even if core CPI actually ticked a bit higher to 5.6%. The stock...