Are we approaching another recession? Possibly. That is according to the banks and economists:
“Recession risks are high — uncomfortably high — and rising,” said Mark Zandi, chief economist at Moody’s Analytics.
Other financial gurus had similar sentiments back in mid-May of 2022:
- Former Goldman Sachs chief executive Lloyd Blankfein warned of a “very, very high risk” of recession.
- Former Fed chair Ben Bernanke cautioned that the country could be poised for “stagflation” — a slowing economy combined with high Inflation.
Regardless of what people think, no one can predict the future. These same economists believed there would be a good chance the next one would come as soon as 2020, after the presidential election. Well, we all know what happened in 2020.
Written by: Chad Treadway | June 15, 2022
Chad is our business development manager. He will help you survey your business needs, ensuring you are educated on your options before suggesting any solution. Chad also has several certifications through HubSpot to better assist you with your internet and inbound marketing.