The State of the Economy: Recession Imminent?

⚠️The Federal Reserve may be finished with interest rate hikes, but it wants to continue shrinking the size of the fed's balance sheet.

📉The economy is already in a manufacturing recession, and the damage is being seen with bankruptcies and job losses.

💰The government stimulus spending has propped up the economy for now, but fresh stimulus is unlikely until after the election.

📉The damage caused by the current recession is evident in commercial real estate, with companies struggling to refinance their properties.

🔎Bank failures and tightening lending standards are expected, posing further challenges to the economy.

Is the Federal Reserve done with interest rate hikes?

—Yes, but they still want to shrink their balance sheet.

What are the signs of a recession?

—Increasing unemployment, bankruptcies, and declining demand.

Will there be more government stimulus?

—Fresh stimulus is unlikely until after the election.

How is the commercial real estate sector affected?

—Companies are struggling to refinance their properties, leading to bankruptcies and job losses.

What can we expect from the banking sector?

—Bank failures and tightening lending standards, causing further challenges for the economy.

00:00In this video, we discuss the current state of the economy and the possibility of a recession.

03:46The Federal Reserve may be finished with interest rate hikes, but it wants to continue shrinking the size of the fed's balance sheet.

07:10The economy is already in a manufacturing recession, with bankruptcies and job losses on the rise.

09:55Government stimulus spending has provided temporary relief, but fresh stimulus is unlikely until after the election.

12:30The commercial real estate sector is facing challenges as companies struggle to refinance their properties.

15:20Bank failures and tightening lending standards are expected, posing further challenges for the economy.