In this episode, Scott shares 4 points on whether or not a recession is coming?
- Billionaire Bond King Jeff Gundlach tells the Fed it must choose between fighting inflation and rescuing banks– It can’t do both. Fortune.
- BlackRock in contrast says don’t bet against future rate hikes.
- Commercial real estate loans are coming due and will need to be refinanced at much higher rates.
- See also “Schwab’s $7 trillion empire built on low rates is cracking”. Bloomberg.
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