Hacker News new | ask | show | jobs
by mercy_dude 1363 days ago
There is a sign through some of the lagging indicators that economy is “cooling off” and the anticipation of recession being spearheaded by the Fed is actually working. The container stat shows also a record slowdown along with a drop in spot rate. Would be interesting to see if the Fed takes them into account or keep pressing the brakes as if they are in a panic mode and not willing to be clueless.
1 comments

Bloomberg has recession odds at 98%.