Forecasting the Severity of the Recession

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!