Jul 5, 2022 1 min read

Dr Ed's Video Webcast 7/5/22

Dr Ed's Video Webcast 7/5/22

The US economy is probably heading into a mild recession, recent indicators suggest. We now see real GDP contracting by 1.9% this year.

Below is exclusive early access to Dr Ed's Webcast for paid members. This post and video will open to the public on a later date.

The good news: The recession should be over next year and should slow the rate of inflation in H2-2022 and 2023. The sooner the business cycle bottoms, the sooner the stock market will. … Analysts will be getting the recession memo shortly and cutting their estimates accordingly. We’re doing so now, lowering our earnings estimates for S&P 500 companies this year and next.

Great! You’ve successfully signed up.
Welcome back! You've successfully signed in.
You've successfully subscribed to Yardeni QuickTakes.
Your link has expired.
Success! Check your email for magic link to sign-in.
Success! Your billing info has been updated.
Your billing was not updated.