‘Pretty big recession’ baked in by 2023 despite strong GDP data release – Steve Hanke

Steve Hanke, Professor of Applied Economics at Johns Hopkins University, updates the probability of a recession to above 90%, despite Thursday’s preliminary Q3 GDP data release showing that real GDP grew by 2.6%, following two quarters of consecutive decline.

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0:00 – Q3 GDP
7:46 – Money supply
12:00 – Quantitative easing
20:00 – Fed pivot?
27:00 – Inflation
31:34 – Housing
36:00 – Gold price sentiment

#GDP #economy #inflation
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