{"id":48303,"date":"2019-09-06T18:38:10","date_gmt":"2019-09-06T23:38:10","guid":{"rendered":"https:\/\/olduvai.ca\/?p=48303"},"modified":"2019-09-06T18:39:10","modified_gmt":"2019-09-06T23:39:10","slug":"powell-not-forecasting-a-recession","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=48303","title":{"rendered":"Powell &#8220;Not Forecasting a Recession&#8221;"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/moneymaven.io\/mishtalk\/economics\/powell-not-forecasting-a-recession-cuKzpcBZskeFj-0dXsxUKg\/\">Powell &#8220;Not Forecasting a Recession&#8221;<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2FE1CT7ceonE-Ja7gKRabY6g\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In a speech today in Zurich Switzerland, Jerome Powell stated the Fed is not forecasting a recession.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>YouTube Video of Zurich Conference<\/strong><\/p>\n\n\n\n<figure><iframe loading=\"lazy\" allowfullscreen=\"1\" width=\"100%\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/aYoXY_QaQI4?autoplay=0&amp;enablejsapi=1&amp;origin=https%3A%2F%2Fmoneymaven.io&amp;widgetid=1\"><\/iframe><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u200bThe Fed has never forecast a recession, even after they have started.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It reminds me of Bernanke&#8217;s denials on the housing bubble.<\/p>\n\n\n\n<figure><iframe loading=\"lazy\" allowfullscreen=\"1\" width=\"100%\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/HQ79Pt2GNJo?autoplay=0&amp;enablejsapi=1&amp;origin=https%3A%2F%2Fmoneymaven.io&amp;widgetid=2\"><\/iframe><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u200b<strong>No Comment on Trade?<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/twitter.com\/TheBondFreak\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1131390441784352768\/otdEmEWT_normal.jpg\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">1st and 3rd appear a bit opposing.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/twitter.com\/TheBondFreak\/status\/1170016334119395328\/photo\/1\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/EDy7p2GWsAE5-wj?format=jpg&amp;name=small\" alt=\"View image on Twitter\"\/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">\u200b<strong>Everything&#8217;s Fine<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/twitter.com\/realDonaldTrump\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/874276197357596672\/kUuht00m_normal.jpg\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/twitter.com\/realDonaldTrump\"><strong><\/strong><strong>\u2714<\/strong><\/a><a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/1169983251160731651\"><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Economy is great. The only thing adding to \u201cuncertainty\u201d is the Fake News!<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Accurate Reader Comment<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;Not only has the Fed never forecast a recession they&#8217;ve never forecast a crash or bubble. But that hasn&#8217;t stopped them from telling us we don&#8217;t have a bubble or crash on the horizon.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Powell &#8220;Not Forecasting a Recession&#8221; In a speech today in Zurich Switzerland, Jerome Powell stated the Fed is not forecasting a recession. YouTube Video of Zurich Conference \u200bThe Fed has never forecast a recession, even after they have started. It reminds me of Bernanke&#8217;s denials on the housing bubble. \u200bNo Comment on Trade? 1st and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[303,16888,14648,1264],"class_list":["post-48303","post","type-post","status-publish","format-standard","hentry","category-economics","tag-fed","tag-jerome-powell","tag-michael-shedlock","tag-recession"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48303"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48303\/revisions"}],"predecessor-version":[{"id":48305,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/48303\/revisions\/48305"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}