EPISODE · Jun 21, 2024 · 22 MIN
Forecasting the Severity of the Recession
from Market Shares With Tony Blodgett · host Tony Blodgett
For the past two years, the question of whether we've been in a recession has lingered. Technically, with two consecutive quarters of negative GDP, we were there. Yet, it was never officially declared. In this week's Market Shares episode, I analyze leading indicators and statistics, suggesting that it's not a matter of if we'll face a recession, but how severe it will be.Despite economic turmoil, the Real Estate and Mortgage industries thrived before 2022 and even stayed strong through 2020. In this episode, I dive into the key factors influencing the past two years and share my predictions for 2024-2025. Don’t miss this crucial Market Update! Key Factors Influencing This Recession:InflationConsumer SentimentWagesCredit Card DebtBanks Willingness to LoanHousing Market TrendsProducer Price Index (PPI)Tune in now for essential insights!
What this episode covers
For the past two years, the question of whether we've been in a recession has lingered. Technically, with two consecutive quarters of negative GDP, we were there. Yet, it was never officially declared. In this week's Market Shares episode, I analyze leading indicators and statistics, suggesting that it's not a matter of if we'll face a recession, but how severe it will be.Despite economic turmoil, the Real Estate and Mortgage industries thrived before 2022 and even stayed strong through 2020. In this episode, I dive into the key factors influencing the past two years and share my predictions for 2024-2025. Don’t miss this crucial Market Update! Key Factors Influencing This Recession:InflationConsumer SentimentWagesCredit Card DebtBanks Willingness to LoanHousing Market TrendsProducer Price Index (PPI)Tune in now for essential insights!
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Forecasting the Severity of the Recession
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