DEUTSCHE BANK'S TOP MINDS PREDICTIONS ABOUT AMERICA'S RECESSION IS 100%

THE CLOCK IS TICKING.

"Avoiding a hard landing would be historically unpredictable."

"We expect the grind higher to be choppy,” Deutsche cautioned.

"The German multinational bank's top research team believes Washington has sparked a boom-bust cycle that now is nearing its end stage. In its house view, the recession slated to arrive as soon as October is the inevitable consequence of a series of aggressive rate hikes designed to extinguish the very flames of inflation that policymakers ignited through their own actions during the COVID pandemic."

"Avoiding a hard landing would be historically unprecedented,” warned group chief economist David Folkerts-Landau in a research report entitled The Clock is Ticking published on Wednesday."

SOURCE:

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/deutsche-bank-top-minds-put-105714771.html

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