Lawrence H. Summers
@LHSummers · 29 avr. 2023
If the @federalreserve does what's necessary to contain inflation, I think a slowdown is likely to come. The odds on that happening sometime in the next 12 months I think are pretty good, perhaps 70%.
My full interview w @DavidWestin last night @BloombergTV
Elon Musk
@elonmusk
Fed data has too much latency. Mild recession is already here.
It’s not like just the canary in the coal mine (SVB) died, one of the staunchest miners (Credit Suisse) died too & the cemetery is filling up fast!
Further rate hikes will trigger severe recession. Mark my words.
05:49 · 30 avril 2023 · 3,1 M vues
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