Europe is moving closer to recession every day… Growing chance of a US recession… “Even more likely we are heading toward a phase with a recession combined with high inflation rates.”

It's less aggressive, and markets are less focused than before, but the price of #oil is heading towards its recent high, rising 25%(!) in the last six trading days.
Europe is moving closer to #recession every day. pic.twitter.com/WBUuRo10Ab

— jeroen blokland (@jsblokland) March 23, 2022

The Fed is right in wanting to frontload rate hikes since it does not worry about #recession. My guess is that they will later in the year.

We raised the odds of a US #recession to 50%. More on why this is on the platform. https://t.co/9mE8Uz8lsv pic.twitter.com/wAlFFwZMOY

— jeroen blokland (@jsblokland) March 23, 2022

Upward adjustment US #recession odds
We lift the probability of a US #recession to 50%.
Why?

– #yieldcurve
– #Powell
– #energy and #sentiment
– #gdpgrowth slowdown already happening

Why not more than 50%?
Become a member and find outhttps://t.co/gEfiScDZp9.
(trial available) pic.twitter.com/uBQHljSy9o

— Blokland Fund (@BloklandFund) March 23, 2022

.@greg_ip
"The Odds Don’t Favor the #Fed’s Soft Landing: #Inflation is higher, the labor market tighter and real rates more negative than in past periods when the Fed raised rates without causing a #recession"
Agree with Greg. Highlights the consequences of the #Fed being so late pic.twitter.com/yhtsk13qd0

— Mohamed A. El-Erian (@elerianm) March 23, 2022

"They should have started tightening a year ago, and started pairing back the balance sheet by mid-2021 when there were signs the economy was recovering," says @SriKGlobal. "Even more likely we are heading toward a phase with a #recession combined with high #inflation rates." pic.twitter.com/KDTqXOarKU

— Squawk Box (@SquawkCNBC) March 23, 2022