Why The U.S. Economy May Have A ‘Delayed’ Recession: Gary Shilling - YouTube
Inflation keeps high even after rate hike.
Reseccion will come and it just delayed. There is sing of it like yield curve. It is 2yr for recession to come after fed rise rate. Business hired people and reluctant to layoff. This means just delay.
There is wage growth but more layoff to come. One of the area is service. It is not volatile but there is discretionary element