Tag: Recession

So, you’re telling me there’s a chance!

In the classic comedy, Dumb & Dumber, Lloyd demonstrates the epitome of optimistic thinking when his crush, Mary, gives him a hard truth. Forced to answer the uncomfortable question of whether the two of them could conceivably end up together, Mary admits the odds are “not good”. In fact, it is “like one in a million”, she says. To which Lloyd responds after a moment of deep reflection, “So…you’re telling me there’s a chance.”

The Federal Reserve and its cadre of economists are currently hoping the economy will make a soft landing in 2023. They would like a way out of the painful inflation of 2022 and into a comfy low-inflation, positive growth environment. The Fed believes increasing short-term lending rates are just what is needed. Current economic conditions are responding a little like Mary, however. Current data suggests the odds of a gentle economic transition in 2023 are definitely “not good”.

Going Down Like A Cowboys Team In the Divisional Round

In poetic fashion, every January the calendar turns, the trees go dormant, and America’s Team goes down before reaching the NFC Championship. In 2023, however, it seems increasingly likely that they won’t be alone. This year, inflation is going down like a Cowboys team in the divisional round.

Episode 10: Too Much Stuff. Rising inventories spell the end of high inflation.

As uncertainty within the global economy continues to grow, so do the inventories of major manufacturers and suppliers. On this episode of Breaking Bad Advice, Isaac and Joel discuss what they’re seeing from supplier data, in a rising interest rate environment and what it could mean for consumer prices and company earnings over the next 6 to 12 months.

The Fed Can’t Stop the Economic Slowdown

Federal Reserve wants to avoid an economic slowdown and they think cutting interest rates may do it. Unfortunately, like a daisy flower in front of an avalanche, the Fed can’t stop the economic slowdown.