Thoughtful Money with Adam Taggart
Lacy Hunt: Prepare For Recession, The Fed's Optimism Is Wrong
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The S&P and Nasdaq are back to all-time highs. And the recently-released Q4 GDP data beat analysts expectations, positively, by a long shot. So are we in the clear? Is the soft landing camp being proven right? Have we been able to side step the Lag Effects so many expected from the Fed's aggressive campaigns of rates hikes and Quantitative Tightening? Is inflation indeed on its way to being tamed this year? For answers, we have the great fortune to sit down today with one of the greatest living economists, Dr. Lacy Hunt, former Senior Economist to the Federal Reserve Bank of Dallas, as well as several of the world's largest global banks. He now serves as Executive Vice President and Chief Economist of Hoisington Investment Management Company.
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