A well-known expert has presented a specific form of recession that will come in 2023
There is little doubt among investors and economists that a recession is coming. Now there is only speculation about its specific form. And this is what it will look like according to the famous Mark Tepper.
Market expert Mark Tepper breaks down several economic issues plaguing the U.S. housing market and how they could lead to a rise in unemployment. And he says it also shows the shape of the recession to come.
Mark Tepper joined the show last Thursday to discuss the country's weak economy. The entire cryptocurrency market has lost many percentages due to bankruptcies, liquidity problems and the demise of the FTX exchange. Tepper predicts that the U.S. economy will be in recession by the end of 2023 and will be affected by the housing market. If you include all the incidentals - furniture, appliances and things like that, it's about 20% of our economy.
https://www.youtube.com/watch?v=AeJ5TAeV8-c
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