RL176 — 2023 Recession Debate
Manage episode 371219032 series 3197371
In this episode of the Retirement Lifestyle Show, Roshan Loungani and Adrian Nicholson tackle the 2023 recession debate. They look at arguments against and for a recession as well as what the job numbers, manufacturing, and credit can tell us about a possible rich-cession.
[00:00] Introduction
[01:15] Are We in a Recession Yet?
[03:09] What is an Inverted Yield Curve
[06:28] Rolling Recession Explained
[10:20] Sending and Credit Card Debt
[12:04] Arguments Against a Recession
[15:16] Talk of a Mild/No Recession at All
[17:00] How Labor Typically Responds to Recessions
[19:53] Rich-cession: A New Kind of Recession
[22:19] Arguments for an Upcoming Recession
[25:14] The Leading Economic Index
[28:31] How Recessions Impact Long-Term Investors
[32:05] Parting Thoughts
Roshan can be reached at roshan.loungani@aretewealth.com or at 202-536-4468. Erik can be reached at erik.olson@aretewealth.com or 815-940-4652. Adrian can be reached at adrian.nicholson@aretewealth.com or at 703-915-8905.
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