A Look At Markets, ESG Investing, And The Economy
Bloomberg Intelligence
00:00
Is the US in Recession Now?
Marcus shomer, chief economist for prine bridge investments, based in new york city. Marcus: A recession is a very different kind of environment from an economy. We could have a world where we have a negative, one, negative quarter of consumers spending but your savings rates are so high and people cannot spend it because of supply constraints. That's not a recession. So i think it's ridiculous for anybody to talk about this right now.
Play episode from 11:09
Transcript
