Is a Recession Coming? – 4 Key Points 3-28-23

In this episode, Scott shares 4 points on whether or not a recession is coming?

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

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