US recession will hit ‘everywhere all at once,’ economist warns



Macro Mavens President Stephanie Pomboy and former Reagan admin economic adviser Art Laffer analyze potential market reaction to the Fed’s rate hike decision Wednesday. #FOXBusiness

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

source

34 comments

  1. The broad-based Standard & U.S. consumer confidence has sunk to record lows, thanks mainly to inflation. Retail spending, home-building, and manufacturing output all declined and those who drive the U.S. economy, are starting to cut back on discretionary purchases, such as appliances and services. Regardless of our market conditions, however, we should continue to promote savings and smart investments.

  2. The fin-Market have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $250k is down to $192k any recommendation;s to scale up my return;s during this crash will be highly appreciated.

  3. I’m 32 and have build a huge reserve to be deployed when the time is right…. Bring on the carnage.

  4. Commercial real estate has been depressed for quite a while, now it’s toast!

  5. Economic fear propaganda makes rich people richer and poor people poorer.

  6. It's fun to watch what is going on. Idiots rule the world.

  7. Quick jerk reaction is exactly what freaky, woke, blokes do!
    Bumbling Biden and his cronyism has destroyed a great economy!!

  8. The way I see it this recession most likely has an external cause. The United States is losing influence as a federal currency for the first time in decades. They don't have any more economies to utilize to control their inflation, and less money is being spent on stock and oil trading than previously. They all lend credence to the hypothesis that a new multilateral world order may be in the works.

  9. Save money now I’m saving cuz it be another 2008 banks will drop at least 50% soon who will take a mortgage loan at 8% or more houses over priced interest rates higher and higher this is bad no one will buy a home so banks will take a hit.

  10. The media is currently barraged with a lot of economic data right now. It takes a lot to see beyond the whole ocean of news on focus on what is important, which is that no matter how low stocks go, they always bounce back. I really ignore all the news and keep investing. I recently allocated about $121k to put in the market as we anticipate a crash. Any recommendations?

  11. Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

  12. We are done as a nation. People can analyze all they want. We cant take this one back. We are spiraling

  13. Can't wait to see Stoopid Hypocrite Democrats running around with the brain on fire!!!

  14. The media is currently barraged with a lot of economic data right now. It takes a lot to see beyond the whole ocean of news on focus on what is important, which is that no matter how low stocks go, they always bounce back. I really ignore all the news and keep investing. I recently allocated about $121k to put in the market as we anticipate a crash. Any recommendations?

  15. I started my own business this month and I am meeting with my first client today. I’ve been I have been listening to Jim Rohn for awhile now, but this video is so on time for me! I am definitely going to implement the 70, 10, 10,10 with my very first transaction. I am grateful to you Mr. Rohn, you definitely left your mark on this world! Thanks to you I have a plan and I feel more confident in the area of money.

  16. 😁Mrs maria Jane, la comerciante de bitcoins, es legítima y su método funciona como magia. Sigo ganando cada semana con su nueva estrategia.

  17. I hope the economy implodes so all the illegals will go home.

  18. Transitory!!!!😂😂😂😂😂

  19. I'm so glad I'm a crazy "prepper" for the past 3 years.

  20. I turn many K's to many many multiple many K's. All thanks to best investment strategist and and guru Larry David.

  21. So there!!! That means YOU KNOW WHO can shut up and stop saying he will fix things if he's elected.

  22. Its sound very scare all this definitely american need to get the cars and started walking no need cars

  23. The recession is pushed back to 2030, party is still going in Florida. Boats are flying off the lot, cars are priced high, apartment rent keeps going up, condos going up everywhere starting at $1 million. Doesn't look like a recession to me.

  24. Reckless spending by the Biden regime has really screwed our economy.
    Trump was right about Biden yet again.

  25. Yes sell off! YES! bring it! This is a once in a lifetime opportunity!

  26. One thought is to buy the dip and then wait to break even, another thought is: Will buying low during a recession work if I'm retiring in the next 3years, I'm no way near prepared for retirement and I just need strategies to scale up to atleast 2million by the time I'm set to retire

  27. The title…. We are already in a recession… you mean when it Collapses.. USD & Markets all together

  28. You got to look on the bright side about a recession. People put their phones down and actually work for their food.

  29. Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

  30. The race for the bottom.

  31. I love how all these economist said 1 and 2 years ago no recession in sight. It’s all good. Ha ha ha ha

  32. Depression, use the right word