Ex-Treasury Secretary Predicts ’70 Percent’ Chance Recession Begins This Year US News | The Epoch Times https://ift.tt/bDCHJvf A recession is most likely right around the corner, said a former Clinton and Obama administration official in a Sunday morning warning. “The chance that a recession will have begun this year in the U.S. is probably about 70 percent. I think that puts me at the pessimistic end of the spectrum of opinion,” he wrote on Twitter. Some economists have recently become more optimistic about the United States avoiding a possible recession after months of positive jobs reports and other relatively positive economic indicators. However, negativity about the state of the economy again emerged after a series of bank failures coupled with federal bailout efforts last month.... April 16, 2023 at 07:21AM https://ift.tt/UiMJE4I Jack Phillips https://ift.tt/LV5gn8P
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