US Recession Odds At 71.7%

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by confoundedinterest17

I couldn’t sleep at all last night … after The Fed cranked up their target rate 75 basis points.

The odds of a recession grew to 71.7% as The Fed hikes rates.

Over the next 24 months, the probability of a US recession is 98.5%.

The NASDAQ index tanked -4% today on the fallout from yesterday’s Fed actions.

Do I detect a trend in The Fed’s latest Dot Plot??

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So, will The Fed continue to go head-over-heels on monetary tightening?

 

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